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Now that makes sense.
Have you ever read the explanation on when bond options expire, its a
classic (unless they have changed it) written by a real literary giant. I
would post it but I can't get the site /our products to open for the past
few hours (surprise, surprise with the CBOT).
----- Original Message -----
From: <I4Lothian@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, August 29, 2001 4:14 PM
Subject: Re: [RT] bond rollover
> Don:
>
> I am not sure there is a set time for the rollover. I think it is a
decision
> of the Pit Committee based on their analysis of the market. Or in the
case
> of a/c/e, it is decided by the third chip from the left of the number two
> server. :-)
>
> Regards,
>
> John J. Lothian
>
> In a message dated 8/29/2001 3:04:40 PM Central Daylight Time,
> dbewers@xxxxxxxxxxxxx writes:
>
> << orry Chris, must be a senior moment. I used to trade bonds a lot and
that I
> believe unsed to be the roll-over (day before the last day of the month,
on
> the close).
>
> John, thanks for the correction, did it change with the advent of the ACE
> bond, or am I losing it (I can't find my old print out from their website
> that gave the rules)?
> don ewers >>
>
>
>
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>
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