These have not been approved for trading in the US by the CFTC yet. . . . . but LIFFE says that approval should be forthcoming in a couple of months. JP Morgan did a white paper in which they stated: "As can be seen from the table below, the new FTSEuro80 contract has a short-term tracking error of 4.6% to the EuroSTOXX index, versus 7% for the EuroSTOXX50 contract, which represents a significant improvement." The paper can be found at http://www.ftseurofirst.com/downloads/FTSEurofirst_Comparison_May2003_JPMorgan.pdf Anyone care to make a prediction as to whether this new contract has a chance? Or will its introduction turn out to be a lame pot-shot at Eurex? Right now volume in the contract is *very* thin -- about 2500/day. However, when the FESX came out, it was pretty thin too. The exchange fee is 30 pence a round turn (about $0.50) compared to EUR0.60 a turn for the FESX (about $0.66).