Eurex - The New Incentive Program And January Volume Plunge

TsunTzu · Mar 3, 2009

Excerpt from the press release at.

http://www.eurexchange.com/about/press/press_621_en.html

Eurexâs fixed-income-derivatives segment grew slightly in comparison to the previous month (Jan 2009: 34.0 million) and achieved 35.7 million contracts in February 2009. In February 2008, volume was at 72.3 million contracts.

Thats a 51% YoY fall by my reckoning.

TsunTzu · Apr 2, 2009

Excerpt from the press release at.

http://www.eurexchange.com/about/press/press_625_en.html

Around 45.9 million contracts were traded in the fixed income derivatives segment (March 2008: 69.5 million). Approximately 18 million contracts were traded in the Euro-Bund-Future. Trading volume in the Euro-Schatz Future recorded 11.5 million contracts. The Euro-Bobl-Future reached 10.4 million contracts.

Down 33%. I suppose on the plus side the rate of decline is falling. We are now back to sub 2005 levels according to this.

http://deutsche-boerse.com/mr/binary/C91AD2408CA4712EC125758B0065BE52/$File/0903t_e.pdf?OpenElement

ASusilovic · Apr 2, 2009

Quote from TsunTzu:

Excerpt from the press release at.

http://www.eurexchange.com/about/press/press_625_en.html

Around 45.9 million contracts were traded in the fixed income derivatives segment (March 2008: 69.5 million). Approximately 18 million contracts were traded in the Euro-Bund-Future. Trading volume in the Euro-Schatz Future recorded 11.5 million contracts. The Euro-Bobl-Future reached 10.4 million contracts.

Down 33%. I suppose on the plus side the rate of decline is falling. We are now back to sub 2005 levels according to this.

http://deutsche-boerse.com/mr/binary/C91AD2408CA4712EC125758B0065BE52/$File/0903t_e.pdf?OpenElement

Paul Rotter must have left Bund trading.

electricshock · Apr 2, 2009

Quote from ASusilovic:

Paul Rotter must have left Bund trading.

Along with everybody else it seems.

TsunTzu · Apr 20, 2009

Hearing a rumour that Bobl is going back to full ticks on the 11th May. I think that would be a bit of a shame.

GuyFawkes · Apr 20, 2009

Quote from TsunTzu:

Hearing a rumour that Bobl is going back to full ticks on the 11th May. I think that would be a bit of a shame.

Are you being ironic?

TsunTzu · Apr 20, 2009

No, I think it was an algo negative it going to half ticks and has freed the Eurex curve up a bit. Thats just my opinion though, I prefer lower volume and larger ranges.

electricshock · Apr 20, 2009

electricshock · Apr 20, 2009

Quote from TsunTzu:

No, I think it was an algo negative it going to half ticks and has freed the Eurex curve up a bit. Thats just my opinion though, I prefer lower volume and larger ranges.

Next up to revert to it's original contract size 30YR T-Bond

THE-BEAKER · Apr 21, 2009

Quote from TsunTzu:

Hearing a rumour that Bobl is going back to full ticks on the 11th May. I think that would be a bit of a shame.

its official. just phoned them up and they confirmed it.

announcement soon.

inevitable really.

liife changed the sterling strip to full ticks and the volume hsa gone up.

if the bobl volume increases then expect the shatz to do the same.

it was an algo driven idea to get half ticks as it suits their trading and low transaction costs.

unfortunately for the exchange they have got fucked in the process along with a lot of other people.

now its the algos who will lose out.

goodbye 1/2 ticks.

hello full ticks.