Search results

If it was a simple fat finger error, you would think it would have been contested immediately, but all these trades stand as of 12 hours after the fact (props to the CME for getting one right). It did seem like some sort of "war" program, short SP/long bond/long oil, not sure I understand why...

Did anyone find a single news wire story acknowledging what happened?

Anyone know where to look/who to contact to see if anything will be busted, and how long does CME have to announce busts? This is the only page I'm aware of, nothing of interest there: http://www.cme.com/trading/get/gccAlert.html?crl=f PS - I got lucky fills on both ES & QM, and don't...

Granted $1.00 in crude is just *noise* these days, but a fitty cent stop is not unreasonable if you just treat it as a numbers game, crude is one of those contracts that will offer many opportunities well in excess of 3:1 with that kind of stop Nice disciplined bailout by the way, plenty did...

Baldwin is a silly example - first of all, he's obviously not going to place a hard stop in a traditional sense with a retail broker when he's one of the largest traders in the pit to begin with. And back in his days, you couldn't release a 100 lot without incurring slippage just because the...

Yup, took all of 30 hours after that jacked up settlement to drop about 10 bucks. A lot of that selling of course was forced liquidation from equities being in the shitter, which isn't the case now. If we do suffer the same fate, it's mind-bending that we'll be confronted with buying CL at...

Yes, QMK08 goes OTB 230pm tomorrow (4/21), cash settled to tomorrow's big contract settlement price which is calculated off the closing range. FWIW, last month's settlement was bezerk, I think crude shot up about 2 handles in the course of a minute, set was marked around 109.60 and it was...

Sold to you jackass! 1358 bid on the cover, no stop.

It's just a limitation of your broker's API to Globex then - there is 100% native support of spread orders in futures and options as of sometime last year, and I'm fairly certain IB no longer emulates option spreads internally. Just pull up the CME's historical ftp spread data for Globex...

Thanks for bringing this up Austin; I've (sub)consciously fought this behavior for years - often planning a great entry at a critical chart level, practically begging for the market to come down and fill me for a shot at 10,20+ handles. Then you get the report, and you're immediately looking for...

Horrible, first day they've traded like this in a while, just pauses for a while and spikes up and down in 1 handle gaps. Reminds me of '07 ugh

An agenda on 150 f*king shares of a $19 stock! Your order stops working at 4pm, REGARDLESS of whether its day or GTC unless it's routed to an ECN. If it's a day order, it's obviously canceled then. The offending NYSE print could have been for any number of legitimate reasons, knock...

Anyone know if Globex takes native 2-leg spread orders in ES options (verticals/straddles/strangles, etc...)? i.e. long 1310c/short 1320c for $5 debit limit or better? And if the answer is yes, are you trading only against other spread orders, or will Globex automatically execute against a...

Wait until you fade one of those spikes, cover for a windfall and have the exchange bust the trade only to find out you have a huge loss. Then you'll really love electronic trading!

LOL at this bullshit; deriding a guy for breaking even on a 3:1 (or better, could have been a massive outlier) opportunity? There's nothing constructive about taking "half off" aside from placating your emotions by ringing the cash register. The biggest impediment to my early trading was the...

This is wild! Awesome trade RA!

32400 in the first hour of Sunday trading, is that a record?

CME E-mini S&P 500® 1287.25 -550 Better check with your sources; looks like everyone is piling in short while they still can before your "ban" goes into effect :D