1. 

   r_v.s Member

   On page 70 of course notes (chapter 2 page 8), the first 4 lines of core reading are about globex. Do the next few lines of core reading pertain to globex as well? or are they common to all exchanges??
   
   WOuld you also pls explain the Pro-rata algorithm that LIFFECONNECT uses??

    

   Last edited by a moderator: Oct 17, 2014

   r_v.s, Oct 17, 2014

   #1
2. 

   Colin McKee ActEd Tutor Staff Member

   I think the next lines are just generic. Pro-rata just means that when a deal is matched with "best price" offers, the deal is shared "pro rata" between the traders offering best price.

    

   Colin McKee, Oct 20, 2014

   #2

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