[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: EFPs not available for Mid-Am



PureBytes Links

Trading Reference Links

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>

<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<META content='"MSHTML 4.72.3511.1300"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT color=#000000 size=2>Are you sure the MidAm pound is 1/5 the CME? I 
was pretty sure it was 1/2 the CME like all the others. I don't have the 
contract specs handy, though.</FONT></DIV>
<DIV><FONT color=#000000 size=2>--<BR>M. Edward Borasky&nbsp; <A 
href="mailto:znmeb@xxxxxxxxxxxx";>znmeb@xxxxxxxxxxxx</A>&nbsp; <A 
href="http://www.teleport.com/~znmeb";>http://www.teleport.com/~znmeb</A></FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
<DIV><FONT color=#000000 size=2>If God had meant carrots to be eaten cooked, He 
would have given rabbits fire.<BR></FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From: 
    </B>Mark Morrison &lt;<A 
    href="mailto:mmorrison@xxxxxxxxxx";>mmorrison@xxxxxxxxxx</A>&gt;<BR><B>To: 
    </B>RealTraders Discussion Group &lt;<A 
    href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
    </B>Friday, February 05, 1999 15:30<BR><B>Subject: </B>EFPs not available 
    for Mid-Am<BR><BR></DIV></FONT>
    <DIV><FONT size=2>All Mid-Am currencies are half-size contracts, except for 
    the British Pound which is only one fifth of the full size contract.&nbsp; 
    No EFPs are available for a size less than 1 full CME contract.&nbsp; Some 
    firms even require a minimum 5 lot to trade EFPs.&nbsp; To protect a Mid-Am 
    currency contract (except for British Pound), Ira's idea of buying an option 
    is good.&nbsp; Buy an at-the-money CME currency option with a 50% delta, 
    combined with 1 Mid-Am currency futures contract (except BP) and you'll be 
    &quot;delta neutral&quot;, theoretically.</FONT></DIV>
    <DIV><FONT size=2></FONT>&nbsp;</DIV>
    <DIV><FONT size=2>Mark Morrison</FONT></DIV>
    <DIV><FONT size=2><A 
    href="mailto:mmorrison@xxxxxxxxxx";>mmorrison@xxxxxxxxxx</A> 
</FONT></DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Sat Feb 06 06:00:23 1999
Received: from list.listserver.com (198.68.191.15)
	by mail02.rapidsite.net (RS ver 1.0.2) with SMTP id 20268
	for <neal@xxxxxxxxxxxxx>; Fri,  5 Feb 1999 22:30:36 -0500 (EST)
Received: from localhost (localhost [127.0.0.1])
	by accessone.com (8.8.5/8.8.5/PIH) with SMTP id TAA09893;
	Fri, 5 Feb 1999 19:25:50 -0800 (PST)
Received: from avocet.prod.itd.earthlink.net (avocet.prod.itd.earthlink.net [207.217.120.50])
	by accessone.com (8.8.5/8.8.5/PIH) with ESMTP id TAA09650
	for <realtraders@xxxxxxxxxxxxxx>; Fri, 5 Feb 1999 19:22:19 -0800 (PST)
Received: from earthlink.net (pool205-tnt2.ds35-ca-us.dialup.earthlink.net [209.179.36.205])
	by avocet.prod.itd.earthlink.net (8.8.7/8.8.5) with ESMTP id TAA29694;
	Fri, 5 Feb 1999 19:22:14 -0800 (PST)
Message-Id: <36BBB55C.AEA46554@xxxxxxxxxxxxx>
Date: Fri, 05 Feb 1999 19:22:04 -0800
Reply-To: zzorro@xxxxxxxxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: r slupsky <zzorro@xxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: EFPs not available for Mid-Am
References: <007d01be517e$4c3abe80$c8061ad8@xxxxx>
MIME-Version: 1.0
Content-Type: multipart/alternative;
 boundary="------------C4143185EE4D4FFE37373A0F"
X-To: znmeb@xxxxxxxxxxxx
X-Cc: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
X-Mailer: Mozilla 4.5 [en] (Win98; I)
X-Accept-Language: en
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
X-Loop-Detect: 1
X-UIDL: a66e930a802d4c1e5e4f7d6450d8c821.03

<x-html><!doctype html public "-//w3c//dtd html 4.0 transitional//en">
<html>
<body bgcolor="#FFFFFF">
http://www.midam.com/
<br>r
<p>"M. Edward Borasky" wrote:
<blockquote TYPE=CITE>&nbsp;<font color="#000000"><font size=-1>Are you
sure the MidAm pound is 1/5 the CME? I was pretty sure it was 1/2 the CME
like all the others. I don't have the contract specs handy, though.</font></font><font color="#000000"><font size=-1>--</font></font>
<br><font color="#000000"><font size=-1>M. Edward Borasky&nbsp; znmeb@xxxxxxxxxxxx&nbsp;
http://www.teleport.com/~znmeb</font></font></blockquote>

</body>
</html>
</x-html>From ???@??? Sat Feb 06 06:00:50 1999
Received: from list.listserver.com (198.68.191.15)
	by mail02.rapidsite.net (RS ver 1.0.2) with SMTP id 10791
	for <neal@xxxxxxxxxxxxx>; Sat,  6 Feb 1999 00:56:25 -0500 (EST)
Received: from localhost (localhost [127.0.0.1])
	by accessone.com (8.8.5/8.8.5/PIH) with SMTP id VAA20680;
	Fri, 5 Feb 1999 21:52:09 -0800 (PST)
Received: from imo29.mx.aol.com (imo29.mx.aol.com [198.81.17.73])
	by accessone.com (8.8.5/8.8.5/PIH) with ESMTP id VAA20054
	for <realtraders@xxxxxxxxxxxxxx>; Fri, 5 Feb 1999 21:43:21 -0800 (PST)
Received: from OatTrader@xxxxxxx
	by imo29.mx.aol.com (IMOv18.1) id 4GVPa01222;
	Sat, 6 Feb 1999 00:33:50 -0500 (EST)
Message-Id: <4280fb30.36bbd43e@xxxxxxx>
Date: Sat, 6 Feb 1999 00:33:50 EST
Reply-To: OatTrader@xxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: OatTrader@xxxxxxx
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Futrs: Trading Stops/Risk/Reward
Mime-Version: 1.0
Content-type: text/plain; charset=US-ASCII
Content-transfer-encoding: 7bit
X-To: kmorgan@xxxxxxxxxx, realtraders@xxxxxxxxxxxxxx
X-Mailer: AOL 4.0 for Windows sub 4
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
X-Loop-Detect: 1
X-UIDL: 8ef47cb1d13b1ca9efed9f746fae717b.14

RT's,

     When I test a method, I do not take the norm of T-Bonds, Coffee and the
S&P. I feel that if the method will work on Corn and Oats, markets that
normally do not have much of a move, I am on the right track. Something can be
said of making money from markets that are not traded by the masses. If a
method only works on wide swinging ranges, when will you know when that event
is over?