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Patrick White wrote
> By saying "still active till," Hans means that it is the actively traded
> contract or "front month". In other words, the U contract will cease being
> the most actively traded and the Z will become most active at that time.
> This is not a statement on expiration, which comes as you rightly point out
> a week later.
>
> Patrick White
PERFECT UNDERSTANDING.......could you have a word with my
wife as she never understands what I say/mean/want <g>
> It is. The rule of thumb is that contract expiration occurs on the 3rd
> Friday of the month.
thats not a "rule of thumb" - but an rule set by the exchange (rule of dumb ? <g>)
BOB HUNT replied:
> Very nicely explained!!
>
> Is there a similar rule of thumb for currencies???
>
> Bob Hunt
sure there is ,,,,,,,check the CME webpage
rgds hans
>
> ----- Original Message -----
> From: po box2000 <pbox2000@xxxxxxxxxxx>
> To: <omega-list@xxxxxxxxxx>
> Sent: Tuesday, September 07, 1999 4:53 PM
> Subject: Re: S&P switchover
>
>
> > Hans,
> >
> > "Still active till" 9/09 is quite a difference with the last trading day
> CME
> > states in their
> > product-calendar (Sept. 17, 8:30 a.m. ETH = last trading date and time
> for
> > the E-mini).
> >
> > Could you comment?
> >
> > Kind regards Rene
> >
> >
> > > Just checkingt that Sept SP becomes Dec SP effective close of trading
> Wed
> > 8th?
> > NO, GLOBEX S&P and Emini are still ACTIVE in SEP till
> > THURSDAY real time session open.
> > rgds hans
> > PS: other mails sent empty in error before......sorry
> >
> >
> >
>
>
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