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- Very early for spreads in Estoxx Futures (VGU1). Expiry 17/09.
- VGU1/VGZ1 traded this morning at 24.25 in 4k. Now at 24.25 in 10k.
- The spread has traded close to 40k today (outright).
- These looks like mostly sold after the spread settled at 26 yesterday.
- Market is 23.75/24.25 on screen, and a printed low at 24.00.
Chart source: Bloomberg