Z indice for ftse 100 futures why is it so quiet?

[davidcamm]

Hi

The Z indice used to be busy but now only trades slowly, anyone know why? It is Z 12-08 contract, t it was the 09-08 when it was busy.

Thanks

 

[point&click]

No-one wants to play any more.

Until this bail-out plan is settled people don't want to get in to new positions - It's traded the same volume today as the DAX,both about 75K as of now,pretty quiet everywhere.

Also,a lot of people got badly burnt when the plan was rejected.

Once bitten,twice shy.

 

[davidcamm]

I know its quiet today but the Z has been quiet for 2 weeks now, it used to be as busy as the FDAX and the ER2 that was

 

[point&click]

Maybe Lehman were big players in the FTSE?

I never realised FDAX and Z were as busy as one another.

I always thought DAX future was much bigger than FTSE future in just about every way,open interest,daily volumes,trader participation,the lot.

Oh well,you live and learn.Hope it picks up soon.