These slowdowns are becoming a problem in Euribor. It doesn't matter what connection you have as the problem is on the LIFFE server. They have had a big increase in the autospreaders and on many systems they are unable to track message volume unless the trader has registered the system or the system actually tags the trade. Unfortunately TT does this so don't go using it or you get BIG bills, I know I have had a couple. Otherwise when you get a fast market do not have orders in greater than you can take the heat on. I had about 4-5secs today during the press conference....just a way to rack up scratchy round turns.
TraderDOCK, are you sure you know what you are on about? I guess you haven't been trading the spread long if you call the way it is now predictable, all these sreads used to be far better. Much tighter these days. If todays break higher was predictable then you might as well have bought Euribor outright cos that is what you were predicting if you knew what the spread was going to do. Most people probably sold 79's and 80's and with a few balls 80.5's and spent the afternoon trying to get the 79.5's. I left early so did not see the close. Now, if it was totally predictable I would have fully margined up Long those 77.5's yesterday, which no doubt you did.
I am suspect of anybody who makes your sorts of claim. I have been in markets long enough and I guarantee you things never stay easy, competition always eradicates arbitrage so stop bullsh*tting, it is all about probability not prediction.
