eurodollar trading period

[0008]

Is the active trading period for ED very short? only a few hours a day?

 

[Martinghoul]

Quote from 0008:

Is the active trading period for ED very short? only a few hours a day?

Huh? It's more like 24hrs... Might you be referring to the pit, specifically?

 

[0008]

the volume only appear for a few hours, doesn't it?

 

[Martinghoul]

Quote from 0008:

the volume only appear for a few hours, doesn't it?

I have absolutely no idea where you're looking. There's volume there pretty much 24hrs. All depends on what you mean by volume. I suppose if you have to do 20 bags, you might have an issue in the wee hours of the morning.

 

[0008]

what does "bags" mean?

 

[Martinghoul]

Quote from 0008:

what does "bags" mean?

1 bag = 1000 contracts (I think there might be some cockney rhyming slang behind it, but I am not entirely sure).

 

[0008]

i watched the 1 min chart all the day and found sometime there were only a few transactions

as you said, if you want to trade a bag, you may have to wait for a long time

is it the norm?

 

[phu780]

Quote from 0008:

i watched the 1 min chart all the day and found sometime there were only a few transactions

as you said, if you want to trade a bag, you may have to wait for a long time

is it the norm?

Which contracts are you looking at? Volume in the blues and beyond are much lower than the whites and reds.

 

[Martinghoul]

Quote from 0008:

i watched the 1 min chart all the day and found sometime there were only a few transactions

as you said, if you want to trade a bag, you may have to wait for a long time

is it the norm?

I've been observing it (sorta) all morning (first 12 contracts). Liquidity (and activity) has been there all along, so I am not entirely sure what you're seeing and where. Unless, as phu suggests, you're looking beyond the greens.

 

[covered_call]

It sounds like you're looking at ED, eurodollars on LIFFE. All the real volume on eurodollars is GE, eurodollars on CME.