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Re: Fut: Margin on S&P Globex



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At 05:35 PM 10/27/97 -0500, you wrote:
>
>Traders,
>When I got home from work this morning at 5AMCST, I saw on bloomberg news
>that the Hang Seng was down approx 6%. At that time the S&P futures were
>fluctuating between down 6 and down 6.5 pts. My question: If I were to have
>sold one Big Boys S&P would I have had to have margin in the accout?
>I think the answer is no since that is not considered an overnite trade, and
>would have been considered a daytrade. Anybody know for sure? also was the
>little tike S&P available for trading at that time? 
>On another note why is the OI in the new dow futures so patheticly low?
>CBOT taking a bath on that so far.
>Rob
>
My broker says i must have 9K in account to day trade SP.


Consider Practicing Random Kindness 
(Read RAK's in Reader's Digest May 1992)
Roy C. Sampley
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