Excellent! India will sink into the ocean just as Japan did in 1990 with this trading development. :eek:
I wonder if either of these contracts (mini / micro) will overtake the SGX exchange offering, which has pretty thin volume IMO. Trading hours are pretty late if you live in the US, I don't think that market heats up until about midnight central time, can't imagine the volume coming from the US at those hours. If you're up at that time you're probably better off trading currencies or Europe.
The Indian market opens I believe at 9:30 PM Central time which actually makes it great trading hours. I don't know how this market trades in general before London opens. I imagine there would be pretty tight arbitrage between India, SGX and CME to render the volume issue a moot point. I've been told the native volume on both the futures and options are excellent.