I am massively short the USD.

Status
Not open for further replies.
GRULSTMRNN said:
That sounds pretty unbelievable to be honest when EBS and Reuters dealing quote 2 to 3 wide spreads even in 20-30mil, and EBS and Reuters are aggregating bank liquidity, including that of UBS, if UBS was tighter, which it is not, then it would show in the EBS and Reuters books. I traded cash fx, options, all sorts of FI derivatives now for close to 15 years, more than half of it at Citi, Barclays, Lehman, and Macquarie and believe I know a thing or two. I currently clear around 500-600 million in cash fx per month and see the spreads on Hotspot, lmax, ebs, reuters, along my broker screens.
More...


I don't have a quote right now, but it's routinely 1.5-2.0 in the US day-session. I don't typically trade CAD as I am 80% in the vol on EUR-crosses. EURUSD is a pip wide. I can do better on Majors but then no OTC vol. Download the software and contact them for a trial.
 
GRULSTMRNN said:
How did you trade fx vol in futures markets when futures are linear products? OMG, yes you are plebs, you made that perfectly clear.
More...
Hahaha, thank you for removing all doubt that you have absolutely know idea what you are talking about. Please tell me more of your paper-trading wisdom.

While I am waiting for your paper-trading wisdom, here is some tradable Euro FX futures vol. Derrrrrrrrp.

upload_2019-9-1_20-52-0.png
 
I have access to the dealing platforms I mentioned and even during US market hours 100m UsdCad is quoted at wider than 1.5 pips in 100m, way wider.

destriero said:
I don't have a quote right now, but it's routinely 1.5-2.0 in the US day-session. EURUSD is a pip wide. Download the software and contact them for a trial.
More...
 
GRULSTMRNN said:
He mentioned futures, and listed fx futures options are as illiquid as shit.
More...
Short 6E vol was one of my most profitable trades of 2018.

Just keep guessing, you will eventually say something right.
 
You mentioned futures, and futures are not vol products. You perhaps meant to say futures options but you did not. Next, 6EU9 is the listed Euro future. And yes, there are listed Euro futures options but they are illiquid and do not even trade round the clock.

krugman25 said:
Hahaha, thank you for removing all doubt that you have absolutely know idea what you are talking about. Please tell me more of your paper-trading wisdom.

While I am waiting for your paper-trading wisdom, here is some tradable Euro FX futures vol. Derrrrrrrrp.

View attachment 208173
More...
 
That sounds about right for 10m, though a tat wide. But not for 100m. I trade 50-100mil orders several times a month and can assure you fills are not to be had below 2 pips wide spreads, regardless of market hours.

destriero said:
USDCAD is 2.0 wide right now. 10MM up.
More...
 
GRULSTMRNN said:
You mentioned futures, and futures are not vol products. You perhaps meant to say futures options but you did not. Next, 6EU9 is the listed Euro future. And yes, there are listed Euro futures options but they are illiquid and do not even trade round the clock.
More...
You're right, I wouldn't expect you to understand the term "vol on futures". You are heavy on post count, and light on a lot of other things.
 
krugman25 said:
You're right, I wouldn't expect you to understand the term "vol on futures". You are heavy on post count, and light on a lot of other things.
More...

What if you trade vol on futures, but also trade the VX, which is a volatility future that has volume? Oh dear.
 
Status
Not open for further replies.
Back
Top