As far as I know, they've always had Options trading. As long as I've known of them. As far as ... "Liquid. the 50:1 leverage is so due to the current government regime. Once they are out of office, perhaps the leverage will go back to where it was pre-Obama which was 200:1" Ohhh kay .... Good lord people's memories are short ... 200:1 is never coming back ... and 50:1 is too much, and should be taken to a max of 15:1 ... and it has nothing to do with politics, and everything to do with 20 Standard Deviation moves inside ONE DAY which can, and did, destroy entire Firms