|
PureBytes Links
Trading Reference Links
|
the price spiked down on the e-mini. The fact that the sp worked it way
down later in the day is not relevant. (3 min or 3 hours)
with in 30sec of the spike down on the mini the two contracts were trading
together agin. (as together as they normaly do)
Sorry you got cought on the wrong side of that. I was short and got
positive slipage on the exit, but I have been on the other side and it is
not fun.
Andrew s.
----- Original Message -----
From: mguess <mguess@xxxxxxxxxxxxx>
To: RealTraders <realtraders@xxxxxxxxxxxx>
Sent: Wednesday, July 21, 1999 10:10 AM
Subject: Mini/SP discrepancy
> This morning I had a protective sell stop @ 1390.00 in the emini. The
> mkt started trading down to it & it was hit @ 10:43 CST. At that time
> the SP was trading @ 1391.00. I was filled @ 1386.50!! A slippage of
> -350 pts. The SP didn't trade to the 1387.00 level (it never got to the
> emini's low of 1385.00 on that move) until 10:46, a full 3minutes later!
>
> It's bad enough I got slipped -350 pts, but what explanation is there
> for a full 3 minutes difference between the two contracts? I use BMI
> satellite & have consistently tracked the difference between the two
> contracts at no more than 5-10 seconds at worst. What's going on here?
>
> Michael
>
>
>
|