CME/Globex Electronic Price Matching?

daytraderpc · Jan 7, 2003

Hello,

Can some explain to me in detail how the CME/Globex Electronic Price Matching System works.

Thanks...PC

def · Jan 7, 2003

very simple, price time priority.

i.e. Best price and by time of order entry.

Lobster · Jan 7, 2003

I think he wanted someone to explain how the strange funky 15 (or however many) minutes before the open work and how the opening price is determined.