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At 08:27 AM 09/12/1999 +0200, hans esser wrote:
>german BUND: contract worlds most active
futures contract !!!
Yes indeed but electronic trading means there's no pit to trade it if it
suddenly gets knocked one way or the other. I've seen it move 15 pfennigs
on 5 lots when orders have been pulled on a news release - this can add a
new dimension to the concept of slippage. Despite its size it can take on
characteristics of an illiquid market.
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