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- Subject: enrononline - change to autohedge
- effective monday , october 22 , 2001 the following changes will be made to the autohedge functionality on enrononline .
- the volume on the hedge will now respect the minimum volume and volume increment settings on the parent product . see rules below :
- ? if the transaction volume on the child is less than half of the parent ' s minimum volume no hedge will occur .
- ? if the transaction volume on the child is more than half the parent ' s minimum volume but less than half the volume increment on the parent , the hedge will volume will be the parent ' s minimum volume .
- ? for all other volumes , the same rounding rules will apply based on the volume increment on the parent product .
- please see example below :
- parent ' s settings :
- minimum : 5000
- increment : 1000
- volume on autohedge transaction volume hedged
- 1 - 2499 0
- 2500 - 5499 5000
- 5500 - 6499 6000
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