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I could be wrong, but as I look back over the days that the CUBS has gone down,
it seems to me that it always happens on the days that the market sees it's
biggest moves and/or when trading is fast and furious. This robs the desk
trader of opportunity and makes him/her extremely vulnerable to unbearable
slippage.
This system is a joke, and the exchange seat owners/directors should be ashamed
of themselves. Pitiful. The system is ill conceived, poorly designed, badly
administered, and should be scrapped.
Jack
hans esser wrote:
> >
> > The CME has reported that the CUBS station in the S&P 500 pit has been
> > taken off line and is down for the day. THIS ONLY IMPACTS S&P ORDERS. It
> > does not impact DJ futures, E-Minis, or any other contract.
>
> Can someone explain me whats going on there ?
>
> rgds hans
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