Currency Options the New Hotness?

Discussion in 'Wall St. News' started by The Greeks, May 8, 2007.

  1. First the ISE gets into the game...

    ISE Announces FX Options

    Then the PHLX decides to make another go at the FX world after the disaster of their first launch..
    PHLX Takes Another Shot at Currency Derivatives

    So what's the deal? Are FX options/futures that you can put in a securities account the next big thing? It seems to me that this is just another attempt to milk the ETF explosion that's rocking the equity world these days. People seem to want to trade these markets without the headaches of dealing with futures brokers. After having spent a number of years struggling with futures brokers myself, I can't say that I blame them...

    Although, judging by the early volume number of these products, they don't seem to be catching on with the public. So why is everybody rushing into the FX game these days?