Euronext.liffe uses the terms Initiator and Reactor.The Initiator is the party who initiates a transaction, the Reactor is the Initiator's counterparty.The volume entered by the Initiator will be validated against the minimum order size. The minimum permissible volume for the Initiator of a Prof Trade is 250 contracts, all legs added up. No volume restrictions apply to the counterparties to these transactions.
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