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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Nemer who wrote (26608)6/30/1999 11:13:00 AM
From: Gary E  Read Replies (1) | Respond to of 44573
 
ALL,,,just got this...

The floor would like you to be aware that with the impending Fed action
(or inaction), the S&Ps will not be HELD on trades other than "00" or
"50". This means that on a single tick through a limit price other than
"00" or "50", the broker is not obligated to fill an order. In most
instances, all prices are valid and only at the extremes of the trading
range for that time period will there be any question about fills.

If you have any questions as to what this means, please ask your Order
Desk.

Proceed with caution.