Massive trade (update)
July 31, 2012 § Leave a comment
We are seeing a massive trade going through. Euro-related, bond related, government-related…..multiple hundreds.
Rumours flying of a macro fund trying to unwind a sick position. No mention of Roger Jenkins at all. Could it be that finally the end is coming?
Watch this space.
UPDATE: Hasty post before. Too much info going through. Something like an electronic deal going awry. Volatiltiy is unprecendted…..will revert