For those who haven't heard the news yet. ISE has listed FX options on the EUR, GBP, CAD and JPY on 4/16. The markets look pretty tight with 0.05 spreads, but the volume is not there yet.
Good start indeed. Sitting duck pickoff of Timber, I banged em for 100k on the second day of trading (YUK & CDD). Thanks Peterffy, this bud's on you!
Anybody notice the Dec07 volatilities in CDD? Same picture in YUK. Looks like Timber's trader got picked off and is holding things "in his favor". Any CME FX opt traders here? You might want to help timber out with their problem.
Seems pretty good products! Are there good reasons that would increase trading volume there in the future?
You need to check out the PHLX World Currency Options regarding volumes and OI numbers for trading. Significantly above those of ISE FX options, and perhaps an easier contract to understand.