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I thought top step referred to traders' positions in the pits, ie. large
brokers tend to stand around the outside, "top steps" of the pits because
they trade larger size.
Isn't the correct term here "front month" or "front contract"?
Kent
----- Original Message -----
From: <LScharpen@xxxxxxx>
To: <jz@xxxxxxxxxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Thursday, May 16, 2002 1:56 PM
Subject: Re: Top step
In a message dated 5/16/02 10:53:58 AM Pacific Daylight Time,
jz@xxxxxxxxxxxxxx writes:
<< List: When does SPU2 become top step?
TIA, Jack. >>
June 13.
Lee
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