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You can forget about CUBS yesterday - here's LeoWeb notice. As you can see
they correctly anticipated that the Fed announcement would put far too big a
load on CUBS so it was shut down early.
Earl
As of 11:50 am Chicago time, the CME has reported that the CUBS station in
the S&P 500 pit has been taken off line and is down for the day. THIS
ONLY IMPACTS S&P ORDERS. It does not impact DJ futures, E-Minis, or any
other contract.
In the S&Ps we request that you limit yourself to Market Orders ONLY, and
be aware that there will be significant delays in reporting fills from
this point forward. Additionally, we request that if possible, you
STRAIGHT CANCEL any working orders instead of Cancel and Replace.
At this time we anticipate that CUBS will be back in service tomorrow
morning as usual. If this is not the case, we will let you know
.
-----Original Message-----
From: Tom Stein <comfut@xxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Friday, October 16, 1998 10:29 AM
Subject: Re: Response from the CME on high price yesterday in E-Mini->they
still dont know it seems
>I would be interested in any comments regarding electronic trading during
>2:15-2:30cst yesterday. Big S&P only......users of cubs, zap, and other
>electronic order entry.
>
>Please, feel free to reply personally, if you would rather not post to the
>group.
>
>
>Thanks.....
>
>
>Tom Stein
>comfut@xxxxxxx
>
>
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