Eurex Vols

LIFFE are a complete joke.

They rely on just one Eastern European based Algo fund who do 40%-50% of the volume,who incidentally are paid per lot as market makers.

Which basically equates to everytime you hit a bid or offer then you are paying the counterparty via the exchange and they will also know your postion (or have a good idea).

Doesn't seem like a fair or level playing field to me.

They also self publicise that their strategy is to input huge orders they know have little chance of being completed to gain a large share of any incoming orders.That is why you are seeing 3000+ turning into nothing after trading very little.They also manipulate the spreads as well in order to create even more fake volume.

I also had no option but to abandon trading LIFFE products once it became apparent that they were 100% behind this firm and felt that independents and prop guys were basically a pain in their arse.

If anyone has any doubts about this post then call your LIFFE A/C manager and ask him/her.Hopefully they won't be as big a twat as our one was/is.
 
<b>Jan 2011 Significant growth year-on-year for equity and interest rate
derivatives segments at Eurex Exchange</b>

In January, the international derivatives exchanges of Eurex Group
recorded an average daily volume of 10.4 million contracts (Jan
2010: 10.8 million). Of those, 7.1 million were Eurex Exchange
contracts (Jan 2010: 7.0 million), and 3.3 million contracts were at
the U.S.-based International Securities Exchange (ISE) (Jan 2010:
3.75 million). In total, 214.7 million contracts were traded,
thereof 148.6 million at Eurex and 66.1 million at the ISE.

Eurex Exchange achieved 59.2 million contracts in its equity index
segment – the largest product segment, compared with 63.4 million
contracts in January 2010. Futures on the EURO STOXX 50® Index stood
at 24.7 million contracts while 24.0 million options were traded on
this index. Futures on the DAX totaled 2.8 million contracts while
the DAX options reached another 5.1 million contracts.

The equity derivatives (equity options and single stock futures)
segment grew by 11 percent and achieved 40.9 million contracts (Jan
2010: 36.8 million). Thereof, equity options totaled 29.7 million
contracts and single stock futures equaled another 11.2 million
contracts.

The interest rate derivatives segment increased by 21 percent and
achieved 47.9 million contracts (Jan 2010: 39.6 million). The Euro-
Bund-Future reached 17.5 million contracts in January, the Euro-Bobl-
Future 10.7 million contracts and the Euro-Schatz-Future 12.0
million contracts. The Euro BTP future totaled almost 128,000
contracts and the Short Term Euro-BTP-Future almost 49,000
contracts. The Euro-Schatz-Option hit a new monthly record of almost
2.9 million contracts.

Dividend derivatives traded more than 500,000 contracts, an increase
of 36 percent year-on-year (y-o-y). Volatility derivatives totaled
at 136,000 contracts.

In January 2011, Eurex Repo reported growth in all markets. Its
secured money market GC Pooling recorded an average outstanding
volume of 88.8 billion euros, which is up 13 percent y-o-y. The EUR
Repo market grew by 20 percent, totaling 113.9 billion euros. All
Eurex Repo markets achieved an average outstanding volume of 249.1
billion euros, an increase of 29 percent y-o-y.

<b>The electronic trading platform Eurex Bonds, which rounds out
Eurex’s fixed-income product range, grew in January 2011 by 88
percent y-o-y</b> and recorded a volume of 14.6 billion euros (single
counting) compared to 7.7 billion euros the previous year. In
December 2010, the figure was 6.8 billion euros.

For further information please visit http://www.eurexchange.com
 
Eurex Repo: GC Pooling and Euro Repo market with new records

In October 2011, the international derivatives exchanges of Eurex
Group recorded an average daily volume of 10.7 million contracts
(October 2010: 9.2 million). Of those, 7.3 million were Eurex
Exchange contracts (October 2010: 6.3 million), and 3.4 million
contracts (October 2010: 2.9 million) were traded at the U.S.-based
International Securities Exchange (ISE). The growth of 17 percent y-o-
y is due to stronger hedging need of market participants driven by
uncertainty resulting from the European sovereign debt crisis, which
led to an increasing use of exchange-traded and centrally cleared
derivatives in the current market environment. In total, 153.9
million contracts were traded at Eurex Exchange and 72.1 million at
ISE.

At Eurex Exchange, equity index derivatives as the largest segment
recorded 82.3 million contracts (October 2010: 57.7 million), an
increase of 43 percent y-o-y. The future on the EURO STOXX 50 Index
totaled 31.3 million contracts, its best monthly result year-to-date.
The option on this blue chip index totaled 36.4 million contracts.
Futures on the DAX index recorded 3.8 million contracts. The DAX
options reached another 5.3 million contracts. The Eurex KOSPI
product recorded 2.4 million contracts, an ADV of nearly 120,000
contracts – a new monthly record since product launch.

The equity derivatives (equity options and single stock futures)
segment at Eurex Exchange reached 24.7 million contracts (October
2010: 28.0 million). Thereof, equity options totaled 21.6 million
contracts and single stock futures equaled 3.1 million contracts.
Equity derivatives volume y-o-y is influenced by the change of
contract specifications: In Q1/2011, Eurex Exchange increased the
contract size of most equity options and single stock futures to
match international standards, with the effect of potentially lower
turnover in these products. The adjusted figure of monthly volume in
the equity derivatives segment in October would have been
approximately close to 28.0 million contracts based on an
extrapolation.

Eurex Exchange's interest rate derivatives segment totaled 46.0
million contracts (October2010: 45.7 million). The Euro-Bund-Future
reached 18.4 million contracts, the Euro-Bobl-Future 9.3 million
contracts and the Euro-Schatz-Future 11.0 million contracts. The Euro-
BTP-Future totaled more than 144,000 contracts and the Short Term
Euro-BTP-Future nearly 26,600 contracts.

The Eurex segment dividend-based derivatives increased by 84 percent
y-o-y and totaled approximately 706,000 contracts. Volatility
derivatives achieved 259,000 contracts, four times higher compared to
October 2010.

Eurex Repo, which operates Swiss Franc, Euro Repo and GC Pooling
markets, achieved new records in the Euro Repo and GC Pooling market.
The Euro Repo market totaled an average outstanding volume of 183.4
billion euros in October, an increase of 54 percent y-o-y. The
secured money market GC Pooling recorded a new monthly peak with an
average outstanding volume of 150.2 billion euros, an increase of 61
percent y-o-y (October 2010: 93.0 billion euros). The Swiss Franc
Repo market reached 82.8 billion euros. All Eurex Repo markets
recorded 266.2 billion euros average outstanding volume (October
2010: 266.6 billion euros).

The electronic trading platform Eurex Bonds, which rounds out Eurex's
fixed-income product range, traded 8.6 billion euros (single
counting) in October, an increase of 39 percent y-o-y (October 2010:
6.2 billion euros). In September 2011, volume was 7.8 billion euros.

For further information please visit http://www.eurexchange.com
 
Eurex volumes are getting worse by the day

FBGL,FGBM,FGBS are all doing nothing compared to what they should be doing given the volatile climate we are in now.

At the time of writing FGBL has been open for 3.5 hours has 148 tick range and has done an embarrassing 344,000 contracts.

I wonder what could be the cause....
 
US Employment data,been a busy day for pretty much forever except thesedays.

1.35pm - 136 tick range on just about 500,000 lots.

That is not good at all.
 
Yesterday was good volume for bund normally when nothing goes on pre ecb paper was actually doing some business, and eurostoxx was something else 645,000 contracts by 10.30am GMT, can't complain about that.
 
Are you nuts?

Did you miss the G20 meeting and the Greek will they won't they debacle?

Wasn't exactly a usual ECB day was it.

Then an unexpected rate cut and a total of 190 tick range and I think it just managed 1m lots.

5-6 years ago with that range,with that amount of news bunds would've done 2-3m easy - clearly something is very wrong with the road Eurex have taken in search of business.

So do I guess you think that under 700,000 on payrolls day is OK as well by 4.00pm.

Oh and that's a normal NFP day too,nothing else going on globally.
 
Eurex fixed income looks like it's getting worse,if that was possible.

Bunds very disappointing,Bobl and Schatz frankly are getting to pretty desperate levels.

On the Eurex website they appear to be advertising for even more mm's for the equity index products,that's very bad news for stoxx traders.

WTF are they thinking?It's the so-called mm's that have screwed bonds over.

When the hell are they going to learn.
 
Although Friday was a holiday Eurex Fixed Income volumes were abysmal.

Bobl and Schatz were both well below 300,000 contracts.

Bunds only had a 151 tick range so 550,000 lots is well below expectations.

So who are the "liquidity providers" providing liquidity to?
 
Quote from newtricks:

Although Friday was a holiday Eurex Fixed Income volumes were abysmal.

Bobl and Schatz were both well below 300,000 contracts.

Bunds only had a 151 tick range so 550,000 lots is well below expectations.

So who are the "liquidity providers" providing liquidity to?
More...

Maybe MF Global has something to do with it.

RSJ mention MF Global as one partner on their website, but i have no idea how much RSJ is effected by the whole MFG thing (if at all).

http://www.rsj.com/en/about-company/partner-companies/

Even if RSJ arent effected, other players might be.
 
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