Es Spike

Discussion in 'Index Futures' started by Ebo, Oct 29, 2003.

  1. acrary

    acrary

    Another Buy program 2:58 - 2:59.
     
    #11     Oct 29, 2003
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  2. fan27

    fan27

    Looks like FNM (fanny mae) precipitated the spike down and then the spike up.
     
    #12     Oct 29, 2003
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  3. funky

    funky

    where can you see this stuff?
     
    #13     Oct 29, 2003
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  4. acrary

    acrary

    Look at the one min. Prem (spread between SP futures and SPX).

    You can find the Buy and Sell levels here:

    http://www.indexarb.com/index.html
     
    #14     Oct 29, 2003
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  5. traderkay

    traderkay

    acrary so what happened? the PREM got out of line and the buy program hit but there wasnt enough liquidity on the offers? why did it have to hit in such a drastic fashion? can't they buy in a more orderly way?:) what's the best course of action if something like that happens? stay out?
     
    #15     Oct 29, 2003
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