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First post, does anyone trade FGBL, wondering if it was traded at 500-1000 contracts if it is liquid enough, to avoid much slippage, avoiding times of major news announcements.
Based on the DOM via NinjaTrader is that all the liquidity at that present time or is there other levels underlying to this?
Thanks
Can you help answer these questions from other members on NexusFi?
Struggling to understand the question. Are you asking in general whether the Bund is liquid enough?
If so, yes, it is one of the most liquid futures contracts on the Eurex. There will be slippages if there are news or data releases impacting the liquidity that MM are willing to provide but you pointed that out yourself.
Ok........ so generally speaking there's liquidity at various prices - not only the ones shown on the DOM but the ones above and below.... there's a limit only to what is shown - the limit can be exchange-driven or platform-driven.
As far as each price is concerned there also could definitely be more than what the 'stated' liquidity is, so it could show 100 lots on the bid but there is what's called an Iceberg order (or refreshing order) behind, so that once say 80 contracts have traded another 100 are loaded up.
"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
I don't think @1873rdvee meant they personally were going to trade that amount. I think he/she was asking whether an instrument with that amount is liquid enough which, of course, depends on the instrument but that's another story.