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A while back I looked at the info on the CME website re: the AON
(pit-traded) minis. I got the impression it's a couple of guys with a deck
of playing cards. ;-)
Jeff
-----Original Message-----
From: I4Lothian@xxxxxxx [mailto:I4Lothian@xxxxxxx]
Sent: Sunday, February 11, 2001 8:02 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] Globex shutdown?
Don:
In the past when Globex2 has been down and trading has been shifted to the
pit, the contract limits have been suspended, allowing 1 lot or more trading
in open outcry. I am not sure what the status of the 30 lot and above open
outcry trading is. I have never seen any numbers on that, even when Globex2
is working fine.
Regards,
John J. Lothian
Disclosure: Futures trading involves financial risk, lots of it!
In a message dated 2/11/01 3:28:58 PM Central Standard Time,
dbewers@xxxxxxxxxxxxx writes:
<< John,
I also believe the pit trading of emini's was for orders of 30 or more,
leaving the little guy out. During the shutdown I still had volumes at the
bid and ask seemingly going through but prices stayed 1319.25/1319.50
throughout (note the lock occurred at 1320.25 I believe). I am checking but
could this be large lots >30 Emini's being traded in the pit?
don ewers >>
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