What am I not understanding correctly? I thought the mini Russell 2000 was going to be exclusive to CME starting July 10th. But it's still being offered by ICE now, and volume is orders of magnitude higher there still. http://www.cmegroup.com/trading/equity-index/us-index/e-mini-russell-2000.html https://www.theice.com/products/86/Russell-2000-Index-Mini-Futures/expiry
From the CME FAQ... "...CME’s exclusive rights commence on July 1, 2017, meaning ICE will not be legally allowed to list new expirations as of this date. As of close of trading on June 30, any contract with zero open interest will be delisted by ICE. At any point, thereafter, once the open interest of any remaining ICE contract falls to zero, the contract will be delisted and will no longer trade ICE." Considering that there's 596,000 total open interest in TF through the Jun 2018 expiry, (hopefully it is all in Sep 17!), it may be a while before we see considerable volume in RTY. Edit: Found the open interest report. Wonder if the 2 hanger-ons in Jun 18 will stick for the next year. https://www.theice.com/marketdata/reports/12