getting to know the globex system

chibiks

Member
1.) Do electronic orders get transmitted to a trading pit or is the globex order fully electronic - I know orders are matched electronically but just want to know if execution, clearing and settlement is fully electronic; I have heard that shady stuff sometime ago went on the chicago pits so does the globex trading system completely have nothing to do with pits?

2.) does globex hide trade size as purported here: http://www.trade2win.com/boards/futures/134408-globex-hiding-trade-size.html

Thanks!
 
 
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