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EQUITIES

Better buying on the cash open lacks momentum

CROSS ASSET

Equities spill over into Bond and FX

Flow picking up last few.....>

SHORT-STERLING OPTIONS
SHORT-STERLING OPTIONS: Flow picking up last few minutes:
* L M9 (Jun) 99.00/99.125/99.25 call fly sold at 7.75 in 5k all day
* L Z9 (Dec) 99.125/99.25 call spread v 0LZ9 (Dec) 99.125/99.25 call spread sold
at flat in 5k (-L/+0L)
* 0LU9 (Sep) 98.875/98.75 1x1.5 put spread v 99.25 call for flat in 7k
* L U9 (Sep) 99.50/99.75 call spread + 99.625/99.875 call spread strip for 3.5
in 5k
-mkt src