CME threatens to fine me $2000

D

Daal

"Dear GLOBEX trader: Interactive Brokers has noticed a high level of activity in your account. Please note, according to policies set forth at www.cmegroup.com/globex/resources/cme-globex-messaging-policy.html, clients who repeatedly violate the message/volume ratio may incur a fine of $2000. In the event that your trading activity continues to violate this policy and IB is charged, the resulting fine will be passed on to your account. For trade date 20081126, you generated 19 messages in the ZQ, contract, while only executing a combined 1 in volume. Your msg/volume ratio of 19:1 does not comply with the benchmark GLOBEX uses for the ZQ, which is 10:1. Please ensure that you review the CME messaging policy and manage your trading accordingly"


The volume ratio is calculated and reset quaterly correct?
 
cheap bastard!!!! :) Can't make up your mind what price you want eh?

heheheh

Its real easy... sell all ZQ 99.75. long dated. $1000 risk, unlimited upside.

(er... i had to update/edit this message 19 times myself to fix the parameters of my 'zq order')..
 
bid ask spread is huge on the back months. I hate to be the sucker who pays up. I suposse 'message' is a limit order, when you change you created a new message
 
Sounds more like a psychological problem related to trader indecision.

Have you tried tranquilizers? They should work out cheaper for you.
 
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