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Re: S&P NOTICE



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CFTC Act is up for renewal this year...Congress perhaps???



-----Original Message-----
From: Phil Lane <accumulator@xxxxxxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Tuesday, February 16, 1999 11:06 AM
Subject: S&P NOTICE


>>From: <support@xxxxxxxxxx>
>>To: <accumulator@xxxxxxxxxxxxxx>
>>Subject: S&P NOTICE
>>Date: Tue, 16 Feb 1999 09:56:05 -0600
>>X-MimeOLE: Produced By Microsoft MimeOLE V4.71.1712.3
>>
>>Due to the extreme volatility in the S&P pit, our executing brokers have
>>indicated that they will only be "held" on price orders that end in "00"
>>or "50".  Held means that violations of a price order OTHER than those
>>indicated will not be deemed to DESERVE a fill, although it probably will
>>be filled.
>>
>>PLEASE PROCEED WITH CAUTION!
>>
>>Charles Starnes
>>Vice President
>>
>>
>
>This is ROBBERY! Things are no more volatile than they were on Friday, or
>last week or month. Do we call the CFTC? Senators? Or just bend over and
>take it.
>