When the big offshore books move, how do the other books know exactly what money line numbers to put up so quickly?
Do they have software that calculates FV No Juice lines from the major books and then adjust it from there?
I am talking about major line moves that happen quickly. The quicker ones adjust to it faster than anyone could manually figure out what to change it to and post it. So I assume they have software to calculate FV from the major books? and then have what juice they want and add it in and it spits out what numbers to post?