Overquoting

[henriks tongue]

Does anyone have any information about overquoting messages on Liffe? What are the limits and punishments for exceeding them? Thanks

 

[Directional]

from what I understand of the LIFFE system, you have to have a 2 to 1 messages vs executed trades ratio, for automated messaging.

If you exceed this ratio they start charging you for excess messages and this can add up quite quickly.