What's the maximum clip size for the E-mini's and the Eurofx at this moment ? Are there any restrictions for Eurex products ?
The E-mini information is available on the CME Website but its tucked away in a dusty corner. http://www.cme.com/trading/get/adv/11382.html
I dont believe there is a limit for the forex futures. If someone can find a limit for the euro futures on CME's website post it. They have always put protocals on the mini stock indexes to keep the pit alive. I remember when they first came out. It was a 20 lot limit! You could do more than 20 but only 20 at a time! That sucked. That was when the Nasdaq mini was the KING.
In the Big spoo it was common place to get a market on thousand lots. That is the equivalent of 5000 eminis at a clip. 1500 minis is nothing for an institution. That is only 300 contracts and they are still complaining. It should be all you can eat.
I am fooling with the EuroFX day and night and have yet to see a thousand lot?? Has anyone seen a thousand lot??
I also watch EuroFX a lot (not all the time) and will on a few occasions trade it. I think I saw one once (1k lot) during the U.S. presidential elections but assumed it was a data vendor error. NihabaAshi