Following intensive consultations with market participants as well as software vendors, the tick size increase for the Euro Bobl Future FGBM, which would have become effective on Monday, May 11, 2009, has been suspended due to technical reasons.
The old parameters will stay in place until further notice. The changes announced in circulars 067/09 and 085/09 are therefore obsolete.
Please be aware that this also implies that the deletion of all open orders in the FGBM will NOT take place.
For details please see circular 086/09.
So, how`s Bund scalping these days?
Someone following eurobund futures today?
From 121.95 to 121.59 in just 15 minutes (move began around 16.00 CET)
Shocking!
I checked out the news and indicators releases and saw ISM indicator to be better than expected. Time match.
Is it possible that the movement was due to this indicator?
I'm just trying to figure out what indicators i should look more closely, related to euro bund futures (FGBL)
ISM seems to be one of them
Anyway I don't want to trade according to the news. Just have an overall idea of when something big is coming. Just in case.
I suppose you can't anticipate the impact from any piece of news
These days I've been following GFBL, FGBM and FGBS. (Bund, Bobl, Schatz)
I tray to find objective facts to choose one or another.
Liquidity, volatility, contract size, tick size, commissions....
I can't make my mind. I see clearly the difference between Schatz and Euro Bund, but still I don't know what to think about Bobl.
It is suppose to be the mid-brother, but what's is the practical difference between Bund and Bobl????
Even the reactions to news and indicators seem to be the same. Maybe a little less in Bobl, in percentage terms.
Any idea? Any clue?
Links to articles worth reading?