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A debatable point but I think, contract limits as in position limits should
remain though
just that they should be the qualitatively similar, ie. 5x that of the big
contract.
At 05:21 PM 8/4/99 +0200, hans esser wrote:
> An interesting note for those who are following the EMini's progress
>> as it relates to the electronic vs. pit debate. This year for the
>> first half of the year, for every 1 EMini contract traded there were 3 big
>> S&P contracts traded. Last year, the ratio was 1 to 8. For the month of
>> July, EMini volume was just under half that of the big S&P.
>>
>> And all of this with limits on Max # of EMini contracts traded.
>> Imagine what would have happened if there were no contract limits.
>
>.....and imagine what would have happened if there were no TOPS,
>CUBS, [put your broker name here] and whatever problems all the
>time (in the past - knocking on wood).........
>
>rgds hans
>
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