Good morning all;
Here's the daily trading report from our OTC desk:
USVery light sell side volume paired with buying of USDC. Overall our US clients seem to be sitting on the sidelines waiting for the market to move one way or the other.
EUThe day started off with a minor sell side trend, which, however switched to strong buy-side volumes, particularly by some of our larger clients who have traded some blocks which can only be described as eye-watering in size. Buy side volume in this market is now +90% for the month.
AsiaSome minor selling into rallies, but much as per our US clients, our Asian traders are sitting on the sidelines waiting for the market to make its move first.
IBIS AlgoThis remains long and is +10.79% in its current position.
You can follow our algo's live trades and updates on Twitter: @IBISBrokers and FB:
https://www.facebook.com/IBISBrokers