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E-Mini Nasdaq Order Size Restriction to be Lifted



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According to sources on the trading floor of the CME, the CME Executive 
Committee  has approved lifting of the 30 contract order size limit for the 
E-Mini Nasdaq as of Sunday, July 30th.

Currently E-mini Nasdaq orders in excess of 30 contracts may be entered as an 
all or none order by open outcry.  Traders may still use the open outcry all 
or none alternative if they choose.

However, the lifting of the restriction will be the first unfettered direct 
competition  in Chicago between two active liquid futures markets.  Should be 
interesting.

Regards,

John J. Lothian

Disclosure: Futures trading involves financial risk, lots of it!