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Of course, but even then it had been set as the Thursday
prior to the 2nd Friday. It was pushed back after the
CME was closed.
BW
>From: "Shawn Jones" <shawnjones@xxxxxxxxxxxxx>
>To: <omega-list@xxxxxxxxxx>
>Subject: Re: Top step
>Date: Fri, 17 May 2002 00:00:03 -0500
>
>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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