I hadnt considered the rate would be negotiable. :) talking about LIFFE Euribor and CME Eurodollars... my refco rate sheet for Eurodollar...
reading between the lines it looks like they got a fully backed deal at the RTS paris arcade from which they would have taken a share of their...
Check out Man or GNI for Eurex if you are based in Europe
that rate is for 25,000RT though admittedly I do most of my volume on LIFFE futures at the moment, Refco dont discriminate between exchange and as...
I'm trading own-account at Refco's london office for $1.10 round turn on CME instruments, non-member rate.
What do they say in their letter? I've often wondered what happens if you accidentally trade with yourself
there is an interview with the Flipper/Rotter in the Jan 2005 issue of Trader Monthly - readable at this link:...
Velocity rates are miles more expensive than Refco's clearing - you only needed to 25,000 RT with Refco to get their cheapest comish and it was...
LOL!! :D How about Floco?
yeah, at 55c a side for CME Eurodollar and emini products, not many clearers are capable of getting close to clearing at the Refco rates
I agree. There are already front end platforms that can calculate and execute on implied in, implied out and implied on implied pricing...
Cresta, what technology are you thinking of?
LOL :D the lady in the office here who manages withdrawals etc
exactly :)
i wasnt here when it was Mac, but I'm presuming so... the office at 155 Bishopsgate. Everyone has the jitters and a few guys have left already...
I'm at RTS london office... business as usual at the moment, traders are trading and can deposit or withdraw funds freely.
LME is all still open outcry. The only place left in europe, apart from the newly opened but illiquid Nymex Europe, that still does it. You'd...
I'm at RTS london and its business as normal for everyone trading here
Are you in Europe? You wont get one till the end of this month... thats when the first issue is due out apparently
Trader Monthly are launching their European edition of the magazine with the first edition coming out at the end of this month. Their website...
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