Velocity Logic is designed to deter extreme market moves by detecting market movements of a predefined number of points within a predefined time period and reserve the market(s) when triggered. Velocity Logic is only triggered by movement in DME Oman crude oil futures contract (OQD) for which the functionality is enabled.
The Velocity Logic parameters for OQD are defined in the CME Globex Product Reference sheet.
For customer support for electronic trading including error trades, contact the CME Global Command Center:
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