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Didn't the rollover to the Dec 2001 contract deviate from the Thursday
before the 2nd Friday formula because of 9/11.
----- Original Message -----
From: <I4Lothian@xxxxxxx>
To: <tradewynne@xxxxxxxxxxx>; <omega-list@xxxxxxxxxx>
Sent: Thursday, May 16, 2002 9:19 PM
Subject: Re: Top step
> In a message dated 5/16/02 5:39:53 PM Central Daylight Time,
> tradewynne@xxxxxxxxxxx writes:
>
> << When did that start? Hasn't it been the Thursday before
> the 2nd Friday of the expiration month since at least 1987? >>
>
> It is my understanding that the standard protocol for the S&P pit, and
many
> others is for the pit committee to determine rollover dates. The fact
that
> there has not been any extraordinary need to vary the date, does not
diminish
> the right of the pit committee to control this function. Thus, there is a
> variable component to this that one should take into consideration, IMHO.
>
> Regards,
>
> John J. Lothian
>
> Disclosure: Futures trading involves financial risk, lots of it!
>
>
>
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