STXRes and futures - Perhaps Simon could help

[PaulC]

Hi, I have traded STXRes futures before and they are no longer listed. Is this due to luquidity issues or what? Also I notice some futures you cant trade online only through the call centre. What is the reasoning behind this? Thanx guys - Paul C

[#2]

Yeah - no STX derivatives available???

[Amar]

Go to find or trade SSF page, click list all the stx SSF's are listed there, interesting shorts on banks are allowed now when did this happen??

[SimonPB]

stxres, tradable, code is strq (the stx futures ahve oddish codes). The call to trade is when we no longer offer that stck as a ssf, but some clients hold positions so they have to call to exit.

[dookie]

Yay! Yes, it seems bank shorts are back. Does anyone see what looks to me like the potential beginning of a HUGE head & shoulders on the banking index (neckline June 06 - Jul 08). Same thing on Standard Bank. Don't want to be unpatriotic, but if Standard breaks below about 72.90 I think it's headed for 30.00! Could things get that bad?

[Theater_Cat]

Dr Clive Roffey is EXTREMELY bearish on Banks

[dookie]

Ah.. See. Me thinks I'll keep an eye on this. Makes me think of the analyst who said finding the bottom in banks at the moment is like trying to catch a falling safe. LOL

[SimonPB]

roffey has been bearish on banks since 2001.

[DR_1]

over a long enough time frame no one can be wrong, as the markets will rise and fall. When it rises, some one will say, I told you so, when it falls the same will happen.