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Earl:
You are right. I was thinking you were talking about the Order Manager
Server and the limits it puts on market orders. I forgot about our new
bands.
I am not sure how a market order or stop limit with a limit outside of that
band would be handled, or if there was any significant difference. It would
seem the band is the band. Hmmm.
Regards,
John J. Lothian
Disclosure: Futures trading involves financial risk, lots of it!
In a message dated 6/27/01 9:09:27 PM Central Daylight Time,
eadamy@xxxxxxxxxx writes:
<< John,
Wouldn't an order to sell at 0 violate the banding and collars which are
intended to eliminate those big spikes which occur in emini and not the pit?
Earl >>
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