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Re: Globex EMini



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Visavis wrote:
> 
> To all my ever dearest Realtraders,
> 
> I got some problem last Tuesday after the Black Monday crash which I had
> mentioned before about the BIG slippage and delay of my fill on the CME
> Globex E-mini S&P 500.  Which my market order was not executed because of
> the so called "4 tick rule" imposed on the E-mini.
> 
> 

I don't know about market orders, but back when the emini started, I
asked Jack Carl if stops were taken in the emini.  My broker said yes,
but that if the price went more than 4 tics or points (can't remember if
he was saying tics or bigpoints), then it became a limit order.    Of
course this conversation was about stops, not mkt orders.  I can't
contribute more because I don't trade stk indices, but I thought I'd
mention it since it was from Jack Carl.  They didn't just make this up
to cover the recent volatility.