Max clip size for E-mini's and Eurofx

Discussion in 'Index Futures' started by NickBarings, Jun 18, 2005.

  1. 1500 lots max per clip on ES is wrong, I've seen a clip of 2774 lots on ES today.
     
    #11     May 3, 2010
  2. The "toilet" should be just as large as the "buffet table". :D :eek: :(
     
    #12     May 3, 2010
  3. ?....!.....OMG! This thread was started.......5 years ago! Damn! :eek: :( :mad:
     
    #13     May 3, 2010
  4. this is because it has been raised to 20k lots for ES emini


     
    #14     May 4, 2010
  5. That is off by a factor of ten.

    From the CME website:

    An order for any quantity may be accepted for E-mini outright futures.

    However, orders exceeding a specified number of contracts as indicated below must be entered on the CME Globex system as multiple entries, each of which must not exceed the specified number of contracts.

    E-mini S&P 500: 2,000 for outrights and 5,000 for calendar spreads.
    E-mini NASDAQ-100: 1,500 for outrights & 5,000 for calendar spreads.
    All other CME stock index futures – 500 for outrights & 5,000 for calendar spreads.

    An order for any quantity may be accepted for E-mini calendar spreads. However, calendar spread orders for E-minis exceeding 5,000 contracts per contract month must be entered on the CME Globex trading system as multiple entries each of which must not exceed 5,000 contracts
     
    #15     May 5, 2010
  6. about 6 months ago maybe 8 there was a little peace on there stating that the position limits for ES were 20,000.

    I was on there last night looking for it, but I could not find it, maybe they changed it again down to 2k. Not enough IMO..


     
    #16     May 5, 2010
  7. I apologize the title is MAX clip size.. Which has nothing to do with position limit.. But for what it is worth I found it.. 20k is total position limit. Which it looks like you can scale into with clips of 2k


    Example.
    http://i42.tinypic.com/zyfqds.jpg
     
    #17     May 5, 2010