BUND Traders-Serious!!!

cunparis · Mar 1, 2011

Quote from etemtezcan:
to summarize, underlying for bund futures is any swiss, italian or german bond with remaining term 8.5-10.5 years and coupon rate of 6 percent. (also some constraints with issue amount, other dates etc.)

Thanks for the explanation. I guess that's why I couldn't find "the" cash market, because there are several. Does a cash market exist for these bonds?

Trader_Dante · Mar 4, 2011

Quote from Halal Burger:

Anyone recommend a good prop shop in London, specifically in terms of atmosphere?

Had a look at a few places but they looked like proper depressing. Don't want a bunch of loserâs negativity bringing me down.

Have you tried Futex?

etemtezcan · Apr 11, 2011

in a prev message, I erronously posted that italian and swiss bonds can be delivered against bund contract due to some uncertainty in eurex web site. Today I learned that this is plain wrong.

bonds which can be delivered against bund futures are given

http://www.eurexchange.com/trading/products/INT/FIX/FGBL_en.html?mode=deliverable_bonds

and these are all german bonds.

increasenow · Apr 21, 2011

traded the Euro Bund today and yesterday. It really does not mirror "tick by tick" the 10year. I really like the .01 spread and the per Euro value (converted to $). You really need to be done trading it (if from the US) by 11-11:30am EST as movement really drys up. Anyone else trading it lately?

increasenow · Apr 23, 2011

Quote from cunparis:

My expectancy is 2 ticks

wow, 2 ticks..hmm, you must trading 10 contracts plus to make it worth it....???

Bernard111 · May 8, 2011

Quote from etemtezcan:

in a prev message, I erronously posted that italian and swiss bonds can be delivered against bund contract due to some uncertainty in eurex web site. Today I learned that this is plain wrong.

bonds which can be delivered against bund futures are given

http://www.eurexchange.com/trading/products/INT/FIX/FGBL_en.html?mode=deliverable_bonds

and these are all german bonds.

More correct info about the cash at www.eurex-bonds.com

bone · May 9, 2011

Just don't even bother attempting to trade the cash unless you are a European dealer with access to Euro MTS.

All others pack sand.

The stuff that Cantor and Garban have on their system is very low volume and almost always off-the-run stuff last time I checked.

prasannabhandar · Apr 16, 2012

I made 550 euros (with 1 lot) on very third day of my trading job in german bunds. It works miracles when there is a trend. Now a days I am working on 100 ticks target in a day trading.

mgrund · Apr 16, 2012

Thats good going-I am lazy and trade off fundamental releases, with one trade a day, try to keep commisions down low ( as dont like middle men)

NazAttack · Apr 16, 2012

Quote from increasenow:

thanks NazAttack...can you answer this question I've had regarding Bund trading...Question...I live and trade from the USA through a US futures broker. If I trade the Euro Bund, do I need to pay taxes in Europe? File a tax return in Europe? A Europe transaction tax or anything else?...or, it just goes into factoring my normal US taxes only at the year end?

@increasenow. Well, 14 months later I've seen your question. Sorry about that. I trade only bunds and live in the US, and pay my tax to the US. Don't live in Germany, and though ive never thought about it, I'm pretty sure I'm paying taxes to the appropriate government.