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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: SE who wrote (5048)10/1/1998 9:23:00 AM
From: SE  Read Replies (1) of 44573
 
New limit move collars starting today.....

-Scott
-----------------------

Effective today and in accord with the Exchange's policy of updating them
quarterly, the calculation of collar prices for S&P and E-Mini Futures has
been changed from 2700 points to 2500 points. This is the maximum
fluctuation both up and down during the evening GLOBEX session. The
secondary limits on the downside during the day session are at 5000
points, 10000 points, and 20000 points. If you have any questions on
these limits and how they are applied, please refer to the CME's website
at

cme.com

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