no reason to be upset.
here is a really strange thing:
about 3 yrs. ago i saw a really heavy thing in the DAX.
the contract is (was) about 2.5 times the MiniSP in weight,
and some guy or firm tried to play with two orders:
buy 9999 contract, sell 9999 contracts (you cannot enter
more via an EUREX terminal), with about 3 points in "spread".
i think what these guys tried was to lock the futures market
- and therefore the cash along - in a tight range, while being
the market maker and earning the spread.
he played for some minutes, never came back.
i remember this one well...
regards
here is a really strange thing:
about 3 yrs. ago i saw a really heavy thing in the DAX.
the contract is (was) about 2.5 times the MiniSP in weight,
and some guy or firm tried to play with two orders:
buy 9999 contract, sell 9999 contracts (you cannot enter
more via an EUREX terminal), with about 3 points in "spread".
i think what these guys tried was to lock the futures market
- and therefore the cash along - in a tight range, while being
the market maker and earning the spread.
he played for some minutes, never came back.
i remember this one well...
regards
Also, he may have been showing a huge offer but was slowly accumulating on the buy side, bidding it up till it hit a certain price, then wham he lets momentum players take him out.