Seeking Alpha

CME halts some Treasury futures contracts prior to jobs data

  • CME confirms it paused trading in some Treasury futures contracts just before the release of nonfarm payroll data due to large early orders.
  • CNBC notes that the trades appear to have been betting in the right direction. The public is hyper-sensitive to perceived front-running since the Thomson Reuters/ consumer confidence story broke.
  • Yields on the 10-year are down 9 bps.
  • TLT +1%, TBT -2%.
Comments (5)
  • Oh yah, the crooks are at it again, trying to cheat the little guy.
    2 Aug 2013, 11:45 AM Reply Like
  • Not to be derogatory, but "at it again" implies that they ever stopped. The roulette table has a magnet under the wheel. Where it stops only a few are allowed to know.
    2 Aug 2013, 12:54 PM Reply Like
  • not hard to figure out who placed the orders they are outright and not spread orders...
    2 Aug 2013, 01:30 PM Reply Like
  • define "appears."
    2 Aug 2013, 01:46 PM Reply Like
  • The SEC should investigate the larger orders. Oh wait .... never mind.
    2 Aug 2013, 10:32 PM Reply Like
DJIA (DIA) S&P 500 (SPY)