I have got problems with french futures

Discussion in 'Order Execution' started by Stop Losses, Nov 20, 2003.

  1. Each day,cac future opens at 08:00:00 (french time)
    Friday 14th november,we close at 3424 at 22:00:00
    Monday 17th november,we open at 3422.5 at 08:00:00 (high of the day !!)
    The problem is that I have tried to sell seven futures with my two brokers but no success
    07:57:54 / I sell 7 futures at 3410
    My phone broker doesn't success to sell my futures
    "LIFFE_OUTSIDE_PRICE_LIMITS"
    07:58:15 / I sell 7 futures at 3414
    same result
    07:58:47 / I sell 7 futures at 3420
    Ever impossible
    With IB,I try to sell five futures at 3414 at 07:59:21
    Canceled without I type on my keyboard at 07:59:22
    Cac future opens 30 seconds later at 3422.5 !!!
    Five seconds later,cac future is at 3419 !!
    At 08:01:00,cac future is at 3406.5 !! Without me,of course !

    Liffe/Euronext is the exchange,it's him who hasn't transmitted my sell orders,it's not my brokers'fault.
    I have called Euronext,no resultat.
    Can I see a lawyer ?
    Does exchange obligations ?
    Thank you to help me,I become crazy !

    P.S / it's the copy/paste of my try orders sells from my broker.


    07:57:54 ABC V 7 JFCE;X03 3410.0 JFFCE031100000F 0 C -1
    LIFFE_OUTSIDE_PRICE_LIMITS
    07:58:15 ABC V 7 JFCE;X03 3414.0 JFFCE031100000F 0 C -2
    LIFFE_OUTSIDE_PRICE_LIMITS
    07:58:47 ABC V 7 JFCE;X03 3420.0 JFFCE031100000F 0 C -3
    LIFFE_OUTSIDE_PRICE_LIMITS




    P;S BIS : time and sales of Monday 17th november 2003 morning

    08:01:03 3408 7
    08:01:03 3408 1
    08:01:02 3406.5 1
    08:01:01 3408 2
    08:01:00 3411.5 1
    08:01:00 3408 30
    08:01:00 3408.5 1
    08:01:00 3410 3
    08:01:00 3410.5 1
    08:01:00 3411 4
    08:01:00 3411.5 1
    08:00:45 3412 1
    08:00:34 3413.5 4
    08:00:34 3413.5 4
    08:00:32 3413.5 2
    08:00:32 3413.5 2
    08:00:26 3414 1
    08:00:26 3415 1
    08:00:20 3414 29
    08:00:20 3415 1
    08:00:19 3415 9
    08:00:19 3415 1
    08:00:19 3415 1
    08:00:16 3415 1
    08:00:10 3415 1
    08:00:08 3419 1
    08:00:08 3419 1
    08:00:08 3419 6
    08:00:08 3419 10
    08:00:08 3419 2
    08:00:08 3419 1
    08:00:07 3419 1
    08:00:06 3419 10
    08:00:05 3420 5
    08:00:05 3421 1
    08:00:05 3421.5 1
    08:00:05 3422 2
    08:00:05 3422.5 4