I tend to be a longer term trader so the rollover is a big consideration for me.
As of now (26 May, 1140 EDT) one dealer (my current equities broker) is showing rollover on a 100k lot of the EURAUD as Long -19.08 and Short 10.79 - that's close to a 2:1 differential (the roll for last Thursday was -48.20 / 40.03, not quite as large). I understand that money is going to stick to any dealer's fingers, but this differential seems a bit much.
My questions are:
Is this roll spread skew comparable to other dealers?
Is the roll spread a factor in selecting a dealer, assuming one is a carry / long term trader?
TIA
As of now (26 May, 1140 EDT) one dealer (my current equities broker) is showing rollover on a 100k lot of the EURAUD as Long -19.08 and Short 10.79 - that's close to a 2:1 differential (the roll for last Thursday was -48.20 / 40.03, not quite as large). I understand that money is going to stick to any dealer's fingers, but this differential seems a bit much.
My questions are:
Is this roll spread skew comparable to other dealers?
Is the roll spread a factor in selecting a dealer, assuming one is a carry / long term trader?
TIA