Re: [RT] FUT Order "Unable" or poor transmission?

["ira" <mr.ira@xxxxxxxxxxxxx>]

They have a unique system for the grains as I have 
been told.  
 
----- Original Message ----- 
<BLOCKQUOTE 
>
  <DIV 
  >From: 
  Norman 
  Winski 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Thursday, February 13, 2003 10:59 
  AM
  Subject: Re: [RT] FUT Order "Unable" or 
  poor transmission?
  
  Alberto,
   
   I think the answer to your question lies in 
  the effeciency of the order routing system of the firm you are using.  
  However, there are exchange rules that govern the maximum allowable time for 
  an order to reach the pit once it is accepted or time stamped.  Check the 
  CBOT rules concerning timliness of market orders. 
   
  Regards,
   
  Norman
  <BLOCKQUOTE 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    Alberto 
    Torchio 
    To: <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="">realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Thursday, February 13, 2003 1:15 
    PM
    Subject: RE: [RT] FUT Order "Unable" or 
    poor transmission?
    
    <FONT face=Arial color=#0000ff 
    size=2>Steve,
     
    <BLOCKQUOTE 
    >
      For 30 years I've watched people try to squeeze a little 
      extra out of a trade and then miss it for an extra 1/4 or 
1/2.
       
      In very liquid markets, like beans, use Market orders. 
      Trying to get an extra $12.50 cost $500; not a good risk/reward.<SPAN 
      class=790461218-13022003><FONT face=Arial 
      color=#0000ff> 
    <FONT face=Arial 
    color=#0000ff>A very expensive tuition that is! Hope I have learnt that 
    lesson...
     
    <FONT face=Arial 
    color=#0000ff>But, back to my original question, how long does it take for 
    the order to reach the floor?
     
    <FONT face=Arial 
    color=#0000ff>AlbertoTo unsubscribe 
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