|
PureBytes Links
Trading Reference Links
|
In a message dated 98-02-04 13:16:50 EST, tkelley@xxxxxxx writes:
<< I juist glanced at the quotes again ...SP8H.. 1007.9 to 1010.2.. that is
2 points!!! something must be wrong here.. >>
Yeah that is wrong. The bid/ask spread never gets like that unless we are in a
fast market. Since the mini has come on we have had less fast market
situations. Even when it is thin the spread never gets like that, it actually
narrows to next to nothing... probably just a bad quote. The people who record
the prices in the booth overlooking the pit get backed up sometimes and punch
in old trades, bad quotes, etc.....
|