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The e-mini SP is next. They will NOT lift the restriction yet, but they are
talking about raising the limit to 100 e-mini SP's. The 100 limit should be a
shoe-in. The reason they will not take it off completely is due to the fact
that the mini SP cannot handle the size yet. A 500 lot SP market order, which
is 2,500 eminis, would return a god aweful fill right now.
Should be interesting to see what happens to the naz pit now...... no more
outtrades for the brokers, which I hear was a driving force behind this. The
broker who a few weeks ago filled a 3700 limit buy stop order at 3800 oppss
ON 200 HUNDRED LOTS!!! Double OPPPSs ..
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