6 cent spread - heck that's about a 1/16 th 15 cent spread - heck that's only a little more than an 1/8 th I liked fractions better than decimals. I might have to move over to SSF.
has the volume picked up on SSF's yet? is there a comparison table somewhere that compares the volume, or says whether it's rising or falling?
i heard a guy speak on these last saturday at a daytradersUSA meeting in orange county. volume is abysmal. one interesting note was the HUGE percentage of trades where the other side was a MM... that's all i needed to know. time will tell.
from what i've heard of ssf mm's, i don't think they actually care which way the ssf goes, whereas stock mm's usually have an agenda. i think it's just the exchanges having mm's who hedge their ssf position in stocks just to provide liquidity to the new contracts. even so, as long as their is low volume, spreads will be high. I used to trade the dow futures, and I suspect this will be something like that.
NQLX: http://www.nqlx.com/asp/displayreports.asp OneChicago: http://www.onechicago.com/oc/oc_040800.jsp