Starting with September 19th,Eurex will introduce futures on 3 major european volatility indexes: VDAX-neu VSTOXX VSMI Further details can be found here: http://www.eurexchange.com/download/circulars_public/er05146e.pdf NOw the instrument itself sounds very promising,the only thing that's worrying everybody is the liquidity and the way the future will depict the underlying. I don't know if anyone has been trading the CBOEs VIX future,but I would be grateful if you he/she could share his/her experience with us.