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Anyone have any views on how this affects the liffe euribor crowd? I'm seeing guys leave that space more often thesedays.

Gotta hand it to the Eurex business plan. In bunds today 175 tick range,but the reality is well over 300 given the volatility today and they managed 450,000 contracts. Quite an achievement really. Thursday was absolutely shit as well. Predicted weeks ago that it would get bad towards...

No people left is there? Best bet is to ask your IT dept.

What a moronic post Go away and stop wasting everyones time

There were headlines regarding the FTT from the German fiannce minister yesterday on Bloomberg,clearly in favour. At first I thought this would just disappear,now i'm thinking this will really happen,the Germans and French seem determined to push this through and the public will likely...

Wrongdoings are 7k NQ in 7 seconds that they didnt want Wrongdoings are driving up CL $1 due to an algo error How the f++k can you adapt to that you idiot? I could go on but I hope you've got the message

Easily - read the story this thread is based around,if you don't think it's another shitty HFT frim being investigated/fined story, get someone else to read it and explain it to you.

The fine should've been much bigger with a warning that further activity such as this would result in a suspension. They've shrugged off the $1m crude loss,they will shrug this off too no doubt,it's a slapped wrist,nothing more. Always the way when HFT is in the news - shitty stories that...

http://uk.reuters.com/article/2011/11/25/cme-infinium-fine-idUKN1E7AO1C920111125 Taken from another thread but very valid to this one.

You should really call them up and suggest this. I bet with all the gloom that must circulating that office right now they could do with a good laugh.

http://www.guardian.co.uk/business/2011/nov/17/cameron-two-speed-europe-concessions "Cameron will make clear that Britain is opposed to German calls, supported by France, for the introduction of a Financial Transactions Tax (FTT). Volker Kauder, the parliamentary leader of Merkel's Christian...

When the Eurex guy said the bid/ask spread would "blow out",did he say what he thought to? Interested also to hear what anyone else thinks the spread could widen to?

Thanks for your response.

This morning bunds trade an impressive 88 tick range on a very unimpressive 90,000 lots. Going forward this will get worse leading into year end. In the past when volatility was high volumes tended to be too.Personally mine and almost everyone I know volumes would jump,i guess to meet...

http://www.guardian.co.uk/business/2011/nov/15/eurozone-crisis-britain-germany-tension

I think the regulations that stop HFT will not come from the exchanges,they will come from the people that regulate them or committees set up to look into this debacle. If the markets were working correctly then I would agree that anyone would be foolish to go against the majority volume...

I would too. Considering the spectacular cock-up they made with the terrific pool of business they had developed by allowing a "do as you please" ethic aimed at algo traders. The Eurex reasoning is often hard to follow.

Are you going? If so I would be interested to hear their take on the diving volume and how they see a way out. Somethings definitely up,stoxx range about 75 ticks on well under 850,000 - that's unheard of.

I fear it's a result of exchanges condoning the imo disgraceful behaviour that's been commonplace the last 6-7 years. By allowing these giant alleged mm's to pretty much do as they please despite numerous wanings from locals they are in a position now where if a big fund or broker goes down...

That's a good point,I read somewhere that MF Global were either 1 or 2 on CME so we must presume that they do plenty on Eurex as well. If they have screwed over RSJ in the process then that's something I guess.