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Re: Busting Trades



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Borsa italiana cancelled those trades (<25100)

Bye


Mario
----- Original Message ----- 
From: "Nick Burrlock" <nburrlock@xxxxxxxxxxxxxx>
To: "Omega-List (E-mail)" <omega-list@xxxxxxxxxx>
Sent: Tuesday, July 29, 2003 6:13 PM
Subject: Busting Trades


> Hi All,
>
> Just like some feedback with regard to exchanges busting trades.
>
> I have been asked to formulate some suggestions to put to the Italian
Exchange.
>
> For the second time this week there has been a 'miss hit' on the FIB 30.
Today's move was pretty
> spectacular by anyone's standards, with the market dropping from 25,035 to
24,030 in 2 seconds
> on the back of 50 contracts traded....
>
> I would appreciate any ideas or feedback on how other exchanges have
approached this problem,
> and some general consensus of what should be the standard way to deal with
this type of occurrence.
>
> Thanks in advance
> > Nick Burrlock
> >
> > Director and Product Manager
> > TraderMade-Research.Com
> > This message is confidential and for use by the addressee only.
> > If you are not the correct addressee, then kindly return the message to
the sender and delete it from your computer.
> > Internet communications are not secure and TraderMade accepts no
responsibility for changes made to this message after it was sent.
>
> This message is confidential and for use by the addressee only.
> If you are not the correct addressee, then kindly return the message to
the sender and delete it from your computer.
> Internet communications are not secure and TraderMade accepts no
responsibility for changes made to this message after it was sent.
>
>