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

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To: GROUND ZERO™ who wrote (20954)4/14/1999 9:16:00 AM
From: SE  Read Replies (3) of 44573
 
The latest from LFG:

This is to clarify the current status of our E-Mini processing. As many
of you already know, there were problems with the TOPS to GLOBEX process
at the CME beginning last Wednesday. As a result, the CME moved us to a
new process for Limit Orders on Sunday evening. Monday we continued to
have problems with Markets and Stops, and so on Monday evening we switched
all order types to the new process. Unfortunately, as is the case with
most new products, we ran into a system bug. This bug occasionally
"elects" Stop orders even though the price of the Stop has not been
reached. While the CME is working on this, and we hope it will be
resolved today, we will be unable to accept Stop orders. Limit Orders and
Market Orders will continue to be processed on a fully electronic basis.
We will keep you posted on these developments.
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