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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: fut_trade who wrote (6859)	10/2/2001 11:28:33 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 7434

That link brought two separate computers down so I'll take your word for it!!! This is the part I remember, During pit trading hours, orders for 31 or more contracts may be traded on an All-or-None (AON) basis via open outcry." I have not been trading the mini often over the past few months so I have not noticed any changes. I do recall there is a symbol for those AON trades, I just don't know what it is any longer. There never was much activity when I used to follow it. You might see large lots like that pass through two or three times a day. It's been about a year since I looked though, so I cannot say for certain how it is trading now. Then, however, large mini lots were the exception and not the rule. Makes sense I suppose. If you are able to trade 250 minis then you get better treatment from a house trading 50 large than another who trades one lots. By that I mean you probably can go straight to the floor with your trade if you want to. I know one fellow who does from ten to multiple hundred lots and that's how he does it. I think he might go bonkers trying to keep track of 500 minis while day trading.