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Main focus is on Expiries this week

EQUITIES

EQUITY ROLL PACE (expiry 15th March): March is still front, but looking at the Emini and the early flow in European futures, it is all spread related volume.

Although US Emini has only traded 11.5k outright spread, the difference in volume between the front and the back Month, is only 4k lots for the US contract..
  • Emini: 28%.
  • Nasdaq: 17% (below pace).
  • Dow: 21% (below pace).
  • Estoxx: 20%.
  • Dax: 12% (below pace).
  • FTSE: 11% (below pace).

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