I agree. Easier to spread trade and for those that use stops you can actually get out at your stop price (instead of those nasty 10-15 tick spikes).
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30-Year T-bond Tick Increases to 1/32nd on August 30, 2009
- Thread starter Surdo
- Start date
I agree. Easier to spread trade and for those that use stops you can actually get out at your stop price (instead of those nasty 10-15 tick spikes).
Remember there are two treasury auctions today, 30 year bonds and 16 day bills.
Liquidity/size is getting better everyday and is much better then trading half ticks which would have 30 lot bids/offers, Iam doing more and more round turns everyweek.
half ticks were awful
half ticks were awful
WOW...just noticed today that the 30 Year T-Bond is back to .01 spreads...this is GREAT!!!!
yeah added so much liquidity, just too easy to cancel any size for the 1/2 tic
correct me if I am wrong...was the 30 YR at .01 spread and moved to larger spread like 10 YR current spread?...was it wider spread for like 9 months or so only?
Quote from increasenow:
correct me if I am wrong...was the 30 YR at .01 spread and moved to larger spread like 10 YR current spread?...was it wider spread for like 9 months or so only?
The spread has always been 1 tick (unless super slow 1 hour before a 3 day weekend then maybe 2 ticks). Tick value has gone from 1/64 or 1/2 of 1/32 back to 1/32.
Think maybe you are using the wrong term in spread - spread being the difference between the bid and offer.
Tick value on the 10 yr is still 1/64. Which is not larger than the 30.