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

To: Clay M who wrote (6606)	10/16/1998 12:01:00 PM
From: SE	Respond to of 44573

Yes, and as a matter of fact I just canceled my CME real time quotes. I am going to go with the real time mini quotes exclusively. When a mini order is entered you are filled at the price on the screen, give or take a hair in a faster market...yesterday afternoon excepted. I also noticed that the SPOO quotes lag the mini by as much as 10 to 15 seconds. When you enter a SPOO order you are at the mercy of the pit and what is happening in the pit at that moment and the time lag to get the order to the pit, so from a trading standpoint I could not see why real time SPOO quotes would be valuable to me. Further, even after I had my real time SPOO quotes I kept my mini quotes up cause I had a bid/ask whereas with the SPOO I rarely had a bid/ask. I just see more use for the electronic mini quotes....they appear to me to be more real time.