DAX 750 contracts instant trade

R

RedDuke

I have seen something strange few days ago on DAX. I use e-signal for my charting and suddenly there was a trade of 750 contracts. Usually, they come as 1, 5, 20, 50 in time and sales window. I thought the market is going to move sharply on such large order, but nothing happened. Any ideas, how this trade could have taken place? I though DAX is not deep enough to instantly fill 750 contracts without even "blinking"

Regards,
redduke
 

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How did it happen then, if it did not go through normal market? Is there some special privileges for large size traders/eurex members?
 
Quote from RedDuke:

How did it happen then, if it did not go through normal market? Is there some special privileges for large size traders/eurex members?
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Check the Eurex website for more information on block-trades.
I am not watching DAX, but they happen all the time
on other Eurex products, e.g. ESTX50.
Usually they happen directly between 2 big parties
and reported later when the market reaches the
price where the blocktrade took place.
It's not a special privilige. In principle, you could do them
also if you trade this size.

Just ignore them. Datafeeds which report those
mess up with your volume patterns. One of my two feeds reports
them, the other doesn't, so I can tell what to ignore.
 
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