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Estoxx spread is starting to be active

EQUITIES
  • Next week on the 15th March will see Triple Witching in Equities, and although it is still early for rolling into the June expiry (expected to pick up next week), Estoxx (VGA) has started to trade, and is slowly running above pace.
  • The VGH4/VGM4 has mostly seen selling interest and has printed its lowest level at 45.00 Yesterday.
  • This Morning has seen buying interest off that level so far today, bought for 45.50 and 45.75, and the Technical level might be one of the reason for some of the interest in the spread.
  • VGH4/VGM4 trades on legs at 46 in 10k.

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