Nanex Research

Nanex ~ 07-Jun-2013 ~ Jobs Number Chaos

On June 7, 2013, someone aggressively sold T-Bond and T-Note futures 482 milliseconds before the official release of the Jobs Report. Aggressive selling of gold futures contracts began 62 milliseconds before the official release. This sort of thing is becoming all too common. It also appears the T-Bond, T-Note and eMini futures entered a circuit breaker - trades halted for 5 seconds, but quotes did not.

1. Trades from all Futures. Chart shows about 7 seconds of time.


2. September 2013 T-Bond Futures trades and quote spread. Chart shows about 27 seconds of time.


3. September 2013 10-Year T-Note Futures trades and quote spread. Chart shows about 1 second of time.


4. September 2013 10-Year T-Note Futures trades and quote spread. Zoom-out of Chart 3.


5. September 2013 5-Year T-Note Futures trades and quote spread. Chart shows about 7 seconds of time.


6. August 2013 Gold Futures trades and quote spread. Chart shows about 200 milliseconds of time.


7. June 2013 ES Futures (eMini) depth of book.


8. June 2013 ES Futures (eMini) trades and quote spread.


9. June 2013 ES Futures (eMini) trades and quote spread.


10. June 2013 ES Futures (eMini) quotes.


11. June 2013 ES Futures (eMini) trades and quote spread.


12. June 2013 ES Futures (eMini) quote spread.



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