do places like betonmarkets.co.uk make book?

onlysimon2 · November 20th, 2003, 12:16 pm

just looking at cable for next 5 days.1 touch bet that cable trades thru 1.69 in the next 5 days & they offer ~evens. (has traded thu 1.69 for past 2days) however, try to short the dollar & odds are MUCH worse.which makes me think these guys are running their own book rather than pricing to anything bigger.(spot was 1.704 btw)

andym · November 20th, 2003, 2:29 pm

EUR vols are higher than cable vols, hence the worse odds.