eurodollar futures

Quote from increasenow:

Hey guys...great thread again...when considering trading EuroDollar Futures spreads...when I look at the SPAN requirments...see below:

Eurodollar (ED) - All Months Consecutive Spread [Mo. 1-8]
Spec $270

Eurodollar (ED) - All Months Consecutive Spread [Mo. 9-12]
Spec $101

Eurodollar (ED) - All Months Consecutive Spread [Mos. 13-43]
Spec $68

Does "All months consecutive Spread" mean:

A-the months must be actuallly next to each other (I.E. Jan09-Feb09)

Or...

B-Can it be like EXAMPLE: Sept08/Dec08 as that is within [Mo. 1-8] and the initial margin per one spread would be $270 for me, a speculator...thanks greatly in advance for clarifying...
More...
so I called CME and the dude told me that "all months cosecutive spread" relates to the quarterly contracts (sept, dec, march, june)...so, than yea, sept08/dec08 would fall under the $270 margin rate...thoughts?
 
ive got my eye on yen franc cross again at 600 now, anyone else wathcing this? Pohpoh my man how you doing? You guys see DEC/Dec get to parity :) I shoulda styed in!!!
 
What about the GBP today... 1.764 new weekly lows?? thought it might be stronger. Fed?? rate?? is playing with it a bit, among AIG and other issues. Need a crystal ball.
 
Quote from Rtrader2525:

ive got my eye on yen franc cross again at 600 now, anyone else wathcing this? Pohpoh my man how you doing? You guys see DEC/Dec get to parity :) I shoulda styed in!!!
More...

Yes watching that spread closely...
Trading Oct bonds today...enormous vol skews
I'm shocked that Dec Dec got to parity...
 
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