globex matching of bids / offers

Discussion in 'Index Futures' started by SethArb, Nov 14, 2002.

  1. how does this work ?

    is there some hedge fund or prop firm

    that tries to keep the bids / offers matched
    in equal numbers in between trades
    overnight ?

    many times I will see

    10 X 10
    8 X 8
    3 X 3

    etc in the e mini sp500 contract

    its almost as if a program is out there to

    equal out the bids and offers or match them up

    of course after a trade or two go through

    if they do not match up the prices will

    go to the next level or two and

    the same process will occur again