|
PureBytes Links
Trading Reference Links
|
Cliff Scheller wrote:
>
> Hmm.....
>
> Anyone else notice how the "big" S&P suddenly is trading more often
> in 25-point jumps as soon as the mini started??
>
> It makes perfect sense from an arb standpoint.
>
> Also, anyone know what financial or other incentives are given to the
> merc floor traders to trade the mini? And for how long they last?
>
> Cliff
I am told that no locals are really trading the mini except for using
the globex terms in the mini pit to do the arb. Otherwise there are no
larger mini orders. Why would a customer trade 50 minis instead of 5
bigs??
Clearing fees and exchange fees are waived through Dec 31.
Eric
|