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How about Fed Funds? Anybody trading those on the screen? Volume on the screen has exploded there over the past few months. Or is it mostly just paper trading with each other? There are definitely anomalies between FF's and ED's in terms of their rate forecasting ability. Look at FFz4 vs...

Yeah, lets go trade a market without liquidity. Eurex US is a joke for now in terms of offering a real market. The CBOT has loyal customers and as long as the fees remain low the customers will continue to trade there. Furthermore, once the floor has closed down or is condensed into a smaller...

As someone who watches the ten year note every single day and is able to see the pit traded counterpart I agree with Urkel. Over the last few months someone has been putting up huge size in the ten-yr or bond and will pull it within seconds. Lately though they have been hit on it and often...

Haven't checked Eurex US volume figures recently but I think they are not what they used to be a month or two ago. I would not concede victory to the CBOT yet, but it is close. Some fund the other day unloaded about 150k ten year notes on the screen at the CBOT, they would have been raped on...

Sorry to ruin the post with comments like that. Just trying to get some of the truth out there. Of course I understand the floor is dying, but is is much cheaper standing down there every day and trading two venues than getting an office upstairs. Believe me, in the ten year pit there are...

The liquidity will definitely remain on eCBOT once the floor goes away because there are many former floor traders now trading upstairs that provide plenty of liquidity (not sure if you've heard of Ray Cahnman, Chip Kenyon, Baldwin, and the like). They are all providing liquidity to different...

first of all, as someone who is able to watch both markets on a daily basis i would have to say that eurex US will not last. the main thing that will cause their demise is that they are not nearly as LIQUID as the CBOT treasuries. for instance, in the eurex US 10yr there is typically only...

Jobs in the CBOT financial room are hard to come by these days unless you are interested in options, which are predominately traded on the floor still. I would look into the prop futures trading firms like MacFutures, York Associates, and many others. Also, I know there are some big muni-bond...

i know there is a book that just came out by galen burghardt called the "eurodollar futures and options" handbook. it may discuss some of the strategies mentioned in the other posts.

very true about packs and bundles, one of the most successful traders in the back month pit of euros is leslie henner burns. that's right, a woman. if you saw her in person you would wonder how someone of her size survives in there. just goes to show that in this market it is more about...

most eurodollar traders are always watching how the respective butterfly trades regarding their pit. for example, traders in the front month pit will watch the m4-u4-z4 butterfly and will perform some type of arbitrage if this spread gets out of line with the way the outrights are trading. the...

a butterfly spread is accomplished through the purchase/sale of three different eurodollar contracts. for example, if you wanted to buy the dec butterfly you would buy the dec04 and dec06 while selling dec05. thus, buying a butterfly would be buying the wings and selling the body, and vice...

the euribor trades pretty big volume, around half a million a day. it is basically the same type of contract as eurodollars but is based on european rates. the sterling trades decent volume also, between 200-400 thousand. in terms of volatility, they are just as volatile as euros at this...

the biggest turnaround for most of the spreads was the big jobs report (308,000). if you were short any of the reds against the fronts (or long the spreads) you made a lot of money. one of the best spreads to bet on back in march was the m4-h5, this one has moved about 100 ticks since then...

Days or even weeks

This is great that the euros are now moving slowly toward GLOBEX because it helps overall volumes. All you can trade right now on the screen are regular spreads (two months) and outrights through the Eagle matching engine. But they will soon have butterflies. For the most part, everyone in...

Marty, I read your book too. I am a young aspiring trader and I feel your book had a lot of good insights into the psychology of trading any system. Still trading the big spoos or are you doing the mini's now? Good luck with the horses. Hope the health is good. mcurto:cool:

Hello everyone, Yeah, it really looks like Eurex and LIFFE are doing pretty well in the US. People do not trade somewhere unless there is liquidity. And as of right now, there is no liquidity at either of those exchanges. Also, the Merc stepped up to the Eurodollar challenge and now look...