|
PureBytes Links
Trading Reference Links
|
----- Original Message -----
From: <H.Albizem@xxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, May 10, 2001 7:51 PM
Subject: [RT] Re: Fw: CHANGE IN STOCK INDEX LIMITS MAY 13
> --- In realtraders@xxxx, "EAdamy" <eadamy@xxxx> wrote:
> >
> > ----- Original Message -----
> > From: <support@xxxx>
> > To: <eadamy@xxxx>
> > Sent: Thursday, May 10, 2001 9:23 AM
> > Subject: CHANGE IN STOCK INDEX LIMITS MAY 13
> >
> >
> > > Effective Sunday evening, May 13, the CME is eliminating the 2.5%
> circuit
> > > breaker for Stock Index futures.
> > >
> > > During Globex trading, the maximum movement will now be 5% in
> either
> > > direction. That will be 55.00 points instead of 27.00 points in
> the S&P
> > > 500 and E-Mini S&P 500, and 85.00 points instead of 42.00 poiints
> in the
> > > NASDAQ 100 and E-Mini NASDAQ 100. Similar adjustments will be
> made in all
> > > other CME Stock Index contracts as well.
> > >
> > > During Regular Trading Hours, the first down circuit breaker will
> now be
> > > 5% instead of 2.5%.
> > >
> > > For further information, visit the CME's web site at
> > > http://www.cme.com/clearing/slg/slgadv/cm0126.htm.
> > >
>
> This is the begining of faster, stronger and smarter swings. Keep
> your seatbelt on all the time, unfortunatley a lot will hurt badly
> and get out of the market for good. Are you ready guys :-) ?
>
> Haytham
I think widening or eliminating these limits will help to reduce
volatility.
Cheers,
Norman
> > >
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|