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On Fri, 13 Mar 1998 08:55:35 EST Bbbazusa <Bbbazusa@xxxxxxx> writes:
>Traders:
>
>Couple questions on Globex.
>
>1. It seems to me that you have to have a special broker to do Globex
>trading
>- ie. need a night desk. - any recommendations.
>
>2. I understand there are no market orders on the Globex - so how do
>you
>place the orders - lets say I am in a Yen trade, it is going against
>me and I
>want to get out, how do you place the order, and what is the
>likelihood of
>getting filled.
>
>3. Are currencies, Bonds, S&P the markets to trade on Globex.
>
>4. It would seem to me that the Globex is a good way to monitor your
>trade
>overnight, or outside day hours, and try and avoid getting killed in
>the
>currencies overnight, especially if you have a big or dodgy position.
>Is this
>really the case.
>
>5. Any general comments - pro or con to using the Globex.
>
>Edgar
>
IF YOUR BROKER HAS A NITE DESK YOU SIMPLY CALL AND ASK FOR THE BID/ASK
PRICE AND GIVE HIM AN ORDER AT WHAT EVER PRICE SUITS YOU.
THERE IS AN EXTRA $5.00 CHARGE FOR GLOBEX OR PROJECT A TRADING
BERNIE
SARBER@xxxxxxxxx
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