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[RT] Re: E-Mini Nasdaq Order Size Restriction to be Lifted



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Hummm,

So I guess they'll be able to hit those emini stop runs even harder now...

CC


----- Original Message -----
From: <I4Lothian@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, July 18, 2000 2:34 PM
Subject: FUTR: E-Mini Nasdaq Order Size Restriction to be Lifted


> According to sources on the trading floor of the CME, the CME Executive
> Committee  has approved lifting of the 30 contract order size limit for
the
> E-Mini Nasdaq as of Sunday, July 30th.
>
> Currently E-mini Nasdaq orders in excess of 30 contracts may be entered as
an
> all or none order by open outcry.  Traders may still use the open outcry
all
> or none alternative if they choose.
>
> However, the lifting of the restriction will be the first unfettered
direct
> competition  in Chicago between two active liquid futures markets.  Should
be
> interesting.
>
> Regards,
>
> John J. Lothian
>
> Disclosure: Futures trading involves financial risk, lots of it!
>
> ---------------------------------------------------------
>