Big buyer supporting the DAX into the close yesterday, came back 100 pts lower today.

Quote from frank_london:

Lets say the buyer has picked up 50K contracts I was hearing that they were around 35K earlier and doesn't include the purchses over the last serveral days. This is a notional value of
9212500000 euros worth of stock exposure.

A little over 9 billion euros or close to $12.5 billion dollars.

Not many buyers have the bullets to this
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"The Buyer" ? Singular ? :confused:
 
Someone has been supporting the Dax without a doubt. The buying was not spread across other markets, the ES, CAC, FTSE. and DL Euro Stoxx were all getting clocked while the Dax held.
 
Quote from frank_london:

Someone has been supporting the Dax without a doubt. The buying was not spread across other markets, the ES, CAC, FTSE. and DL Euro Stoxx were all getting clocked while the Dax held.
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Check the horizontal line in the dax between 11:15-13:30 european time while all other indices have a nice diagonal line pointing down...
Then again he's right :)
 
Quote from frank_london:

Someone has been supporting the Dax without a doubt. The buying was not spread across other markets, the ES, CAC, FTSE. and DL Euro Stoxx were all getting clocked while the Dax held.
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All right, what kind of answer are you looking for ??? Maybe Plunge protection team [PPT] supporting markets ??? Come on...DAX is well supported. FACT.
 
Quote from ASusilovic:

All right, what kind of answer are you looking for ??? Maybe Plunge protection team [PPT] supporting markets ??? Come on...DAX is well supported. FACT.
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Not really looking for an answer just very curious who the buyer is as it really was 1 buyer... and taking up at least 10bln in market value while other futures are crashing and setting new lows.

Just hoping someone comes with a clue... I remember after the Dr. Evil trade someone posted right away that it was Citigroup and only days later did it end up in the financial times...
 
Quote from ASusilovic:

All right, what kind of answer are you looking for ??? Maybe Plunge protection team [PPT] supporting markets ??? Come on...DAX is well supported. FACT.
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Just stating my observations. You don't need to flame.
 
Quote from marky1:

Maybe he's covering shorts.....
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If he only wants to cover shorts he could easy do this by 8-10 4000 Lot OTC orders and not refreshing his iceberg for 40-70 Lots.

It seems that he now is doing the same for the Russel.
 
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