What is the deal with time and sales on Globex?

Discussion in 'Index Futures' started by snackly, Sep 7, 2008.

  1. snackly


    I read in another forum that since the CBOT/CME merger, Globex is going to consolidate the T&S so that you won't see small prints, but prints will come across the tape in consolidated form, hiding the small orders and making it hard to know when large orders are being placed relative to retail orders.

    Is this true?
  2. What you might be referring to is All-or-none orders. AON orders are reported separately from T&S since July something. Not every instrument is allowed an AON order modifier.

  3. snackly


    Thx. Do you know what instruments are affected? Any link about this new rule?