I thought it was September 2008, not September 2007 >>> Just got a message saying that starting tomorrow the ER2 contract will no longer be traded :eek: I am aware of the change to ICE but I thought CME was going to trade it until September next year?!
If I were you I'd hope that IB switched to the ICE listing ASAP -- assuming that the volume and depth is there. "NYBOT exchange and clearing fees for transactions on the ICE electronic platform for both the Russell 2000® full-size and mini contracts will be waived through September 2007." From https://www.theice.com/showpr.jhtml?id=6886
http://www.cme.com/trading/prd/equity/emini-russell2000.html I expect the CME will be about as agreeable in releasing their grip on the ER as a pitbull is in releasing their adversary, . Ice is going to have to earn every / any advantage they can get, it will not be handed to them. As such, I expect volumes to remain dominantly in the hands of and pass-thru the CME on the ER.
Yes, exactly. Which I why I am very very surprised to get a message from IB that they will no longer offer ER2 on CME starting... TOMORROW :eek: