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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (22049)	4/2/2000 10:50:00 AM
From: Giordano Bruno	Read Replies (1) \| Respond to of 42523

LOL 1)Allen bumps 1/2 point before the open 2)Apple announces 24k gold plated "think different" monitor casings 3)MU warns, Maria passes out

To: MythMan who wrote (22049)	4/2/2000 12:56:00 PM
From: Lucretius	Respond to of 42523

Friday March 31, 6:38 pm Eastern Time CME revises equity index downside price limits CHICAGO, March 31 (Reuters) - The Chicago Mercantile Exchange said Friday it revised its downside price limits for equity index futures and options. The regular revisions, which occur quarterly, take effect at the opening of pit trading on Monday, April 3, at 8:30 a.m. CDT (1330 GMT) and will remain in effect for the second quarter of 2000. The limits, in points and percent-equivalent, are as follows: S&P 500 Midcap 400 Russell NASDAQ 100 & E-mini 2000 & E-mini 2.5% 35.00 11.00 13.00 110.00 5.0% 70.00 22.00 27.00 220.00 10.0% 140.00 45.00 55.00 440.00 15.0% 210.00 67.00 82.00 660.00 20.0% 280.00 90.00 110.00 880.00 The intermediate price limits are pegged to declines of 2.5 percent, 5 percent and 15 percent in the index price and are in effect for 10 minutes. At the end of 10 minutes, a two-minute trading halt occurs if lead-month futures are locked ``limit-offered.' The 2.5- and 5-percent limits apply only until 2:30 p.m. CDT (1930 GMT) daily. After 1:30 p.m. CDT (1830 GMT), the New York Stock Exchange will not halt trading at the 10-percent decline level. Thus, if the CME's 10-percent limit is reached after 1:30 p.m., it will stay in effect for only 10 minutes with a two-minute trading halt if the market remains limit down at the end of that period.