FGBL Stopped Trading?

I filled in one of the contact forms on the website about the issue and Eurex gave me a call about it. I felt we had a positive exchange of views on the subject.

In my opinion a market only generates business by the advertisement of price, and in suspension there is no price and so no business gets done, which is not in any ones interest.

Quote from THE-BEAKER:

they dont speak to us lowly human anymore - we are not worthy.
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Quote from TsunTzu:

I filled in one of the contact forms on the website about the issue and Eurex gave me a call about it. I felt we had a positive exchange of views on the subject.

In my opinion a market only generates business by the advertisement of price, and in suspension there is no price and so no business gets done, which is not in any ones interest.
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enlighten us with the positive views they exchanged with you??
 
My take from it was that eurex has a fast market status where by the volatility / liquidity stop is either removed or has its parameters changed to account for potential moves over economic releases.

These are discussed at a daily briefing. In this instance the fast market status was not activated over FOMC and hence the suspension was triggered. My understanding is that future FOMC's will enter into fast markets status with the suspension trigger either removed or its parameters made wider.
 
Quote from TsunTzu:

My take from it was that eurex has a fast market status where by the volatility / liquidity stop is either removed or has its parameters changed to account for potential moves over economic releases.

These are discussed at a daily briefing. In this instance the fast market status was not activated over FOMC and hence the suspension was triggered. My understanding is that future FOMC's will enter into fast markets status with the suspension trigger either removed or its parameters made wider.
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thanks for the info.

bit worrying that such parameters were not updated for such an important event.

you would think this would be a given.

the more i think about it if this kind of decision making is going expect more problems.

really worrying such a major exchange would not do this.
 
Quote from THE-BEAKER:

thanks for the info.

bit worrying that such parameters were not updated for such an important event.

you would think this would be a given.

the more i think about it if this kind of decision making is going expect more problems.

really worrying such a major exchange would not do this.
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Sounds like a load of crap

With that Fed meeting and all the QE2 expectations to not widen any parameters is ridiculous.

It's either a lie or total incompetence.
 
I don't follow your last comment tzuntzu.

There's erroneous and there's totally fucking stupid.

I don't see that Eurex is a viable exchange these days; it is a cesspit of incompetence and stupidity.
 
Quote from electricshock:

Sounds like a load of crap

With that Fed meeting and all the QE2 expectations to not widen any parameters is ridiculous.

It's either a lie or total incompetence.
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what concerns me most about it is are they being dictated to, to turn the parameters off by other high volume users ( eg algo companies ) as it suits their style of trading and hence they cant lose.
 
Surely the answer is not to trade it then?

All I am saying is that its possible it was an error of judgement not putting on the fast market. That is the impression I got.

I personally prefer having a chat with the people responsible so that my opinion moves from being ill informed to one of understanding.

Mud slinging doesn't achieve much in my honest opinion.

Perhaps I am just being too easy giving room for options other than just lies or incompetence.
 
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