Is there any email address for Robin Ross, too?
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Tick size reduction for 5- and 30-Year U.S. Treasury contracts
- Thread starter BondTrader50
- Start date
Is there any email address for Robin Ross, too?
Robin S. Ross
Managing Director, Interest Rate Products
CME Group
20 S. Wacker Drive
Chicago, IL 60606
cmegroup.com
Robin.Ross@cmegroup.com
T (312) 559-4989
F (312) 930-8219
Managing Director, Interest Rate Products
CME Group
20 S. Wacker Drive
Chicago, IL 60606
cmegroup.com
Robin.Ross@cmegroup.com
T (312) 559-4989
F (312) 930-8219
Quote from JamesVU2000:
Until the idiot CB's of the world stop running the currency and interest rate markets who cares what the tick size is. The trade sucks anyway. My dad traded bonds for 30 years and all but stopped a couple of years ago. its not just algos and tick sizes, the market is hurt by governments. It will end one day and all hell will break loose.
I would have quit a couple of years ago also it did suck but it is back with a vengeance! The intra-day range is much bigger from this summer's increase in vol, now I am taking out 10 ticks on some trades! That used to be the whole day range a couple of years ago! That was during boring Alan, now we got Bumbling Ben!
Quote from invertedCurve:
I would have quit a couple of years ago also it did suck but it is back with a vengeance! The intra-day range is much bigger from this summer's increase in vol, now I am taking out 10 ticks on some trades! That used to be the whole day range a couple of years ago! That was during boring Alan, now we got Bumbling Ben!
now your ten ticks will yield you half the profits, unless you can sit on it for a move of 20 ticks,
volatility is great lately, although now i cant trade more than 100 lot without getting partialled
agreed, size over 100 means taking heat you don't want to take now or you could get ripped out 4-5 ticks real fast...like the TAF bullsh$t release or when Kohn speaks or ABAC or MBIA news stories spin the mkt out of control.
More info:
The reason for the move to 1/2's and 1/4's is to get these contracts in line with the cash market.
Since this came out of nowhere (like the new exchange announcement) and the cash and the futures haven't been in line for years, this may be a preemptive strike by the CME against the new exchange.
The new exchange mentioned espeed as its platform provider... which of course is where you trade the cash market. hmm
Let the games begin.
The reason for the move to 1/2's and 1/4's is to get these contracts in line with the cash market.
Since this came out of nowhere (like the new exchange announcement) and the cash and the futures haven't been in line for years, this may be a preemptive strike by the CME against the new exchange.
The new exchange mentioned espeed as its platform provider... which of course is where you trade the cash market. hmm
Let the games begin.
How old are you guy's? 20? This is nothing new.
When the 10 year and ED's went to half ticks back in the late 90's did it help or did it hurt volume?
I'll answer. Volume mushroomed. Yes BondTrader50, it's because cash trades at the "plus" and the new exchange will certainly trade at halves.
When the 10 year and ED's went to half ticks back in the late 90's did it help or did it hurt volume?
I'll answer. Volume mushroomed. Yes BondTrader50, it's because cash trades at the "plus" and the new exchange will certainly trade at halves.
Old enough. 10 yrs went half in 99. But that was in the pit days. Whole different environment now.
Volume should mushroom on Bonds. BUT it may not. There are more than a few traders/institutions that like it the way it is. I am guessing that the new exchange has more to do with it than what traders want (as a previous poster pointed out).
I curious to see how Globex is going to change the look of my tick charts for Bonds and Notes (More ticks). This type of half tick thing does not effect my style of trading. It will mess with scalpers and arbs and bring in more machines. Swing traders should not be hurt.
I curious to see how Globex is going to change the look of my tick charts for Bonds and Notes (More ticks). This type of half tick thing does not effect my style of trading. It will mess with scalpers and arbs and bring in more machines. Swing traders should not be hurt.