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Just received this from LFG- it should answer all questions.
Steve
----- Original Message -----
From: <support@xxxxxxxxxx>
To: <sptrader@xxxxxxxxxxxxx>
Sent: Wednesday, September 08, 1999 7:50 AM
Subject: ROLLOVER
> IMPORTANT NOTICE
>
> September 8, 1999
>
> Re: S & P ROLLOVER
> ________________________________________________________________
>
> For those of you trading S&P 500 futures, E-Mini futures, or any Stock
> Index contract, it is extremely important to remember that Thursday,
> September 9, is rollover day. It is recommended that all new positions be
> placed in the DECEMBER 1999 contract as of Thursday's trade date (which
> begins Wednesday at 3:30 PM).
>
> Further, please be aware that the executing brokers in the SEPTEMBER
> contract of the S&P 500 will not be "held" on ANY order, and that they
> will not take Cancel and Replace orders at all beginning September 9.
> Also, because of liquidity issues in the 2nd step E-Minis, we will only
> accept Limit orders for the September contract beginning Wednesday
> afternoon. Stops and Market orders will then be accepted in the December
> contract.
>
> NOTE: E-MINI rollover actually occurs at 8:30 a.m., Thursday, but orders
> placed this afternoon and this evening after 3:45 p.m. will work through
> tomorrow's close. Please consider carefully how you place orders in this
> contract.
>
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