CME/Globex Electronic Price Matching?

Discussion in 'Index Futures' started by daytraderpc, Jan 7, 2003.

  1. daytraderpc

    daytraderpc

    Hello,

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

    Thanks...PC
     
    #1     Jan 7, 2003
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  2. def

    def Sponsor

    very simple, price time priority.

    i.e. Best price and by time of order entry.
     
    #2     Jan 7, 2003
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  3. Lobster

    Lobster

    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.
     
    #3     Jan 7, 2003
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