Paper extremely thin?

[buy 'em]

I have traded euroswiss for a few months now and to be honest I can't ever remember it being this slow. There is absolutely nothing happening. I have heard that all STIR futures are slower now a days do to the lack of paper in the market. Has anybody else been experiencing this too?

 

[gooseman]

it's not so much a lack of paper (far from) it's just sitting on bids and offers or levels is tough because of the intra-day swings and the problems of getting stopped out, marin-called, larger haircuts form the clearers. Plus plenty of the big boys are struggling to find a trade to put on...directional plays are out of the window, so you can trade skew or vol if you're in optins world but otherwise it's just a tough environment. Sitting on the sidelines so to speak. Especially this week with Fed and NFP.