The Soft Pits are Dead - Long Live the Softs
Posted: Mon Mar 03, 2008 10:43 am
After years of getting terrible fills in the New York pits, I can't say I am sorry to see them go.
Even though today ,3/3/08, was well known as the first day of trading 100% electronic in the softs, I notice vendors I deal with are still not ready or know what to do to offer any form of continuous backadjusted soft data. Bit of a scramble going on I gather.
On top of the softs pit data vanishing, the 30 year decided to split in half.
All in all, a bit of a dog's breakfast!
Even though today ,3/3/08, was well known as the first day of trading 100% electronic in the softs, I notice vendors I deal with are still not ready or know what to do to offer any form of continuous backadjusted soft data. Bit of a scramble going on I gather.
On top of the softs pit data vanishing, the 30 year decided to split in half.
All in all, a bit of a dog's breakfast!