new ES competitor

http://www.cbot.com/cbot/pub/cont_detail/0,3206,1027+17083,00.html

http://www.cbot.com/cbot/pub/cont_detail/1,3206,1556+17039,00.html

I love competition. This might bring those horrendous cme globex fees down. And is a nice contract anyway.

 

Hi All,

Another bunch of bantam weight "electronic" contracts. Very juicy for exchanges and other commission beneficiaries.

 

A smaller tick size on ES/NQ would be much more beneficiary than lower commissions

 

just tried to look it up in ESignal Symbol Guide...do you know it?

Base symbol should be TMI imo...


Thanks & best,

cosmic

 

I would like fatter contracts.

 

I agree, fatter contracts, smaller tick size >

the big SP electronic!!

 

Smaller tick size won't turn a losing (or even a breakeven) trader into a winner.

 

Neither will a larger tick size - so your point is........?

 

Hi Archangel,

I agree. Tick size is OK as it is for me. I like fatter contracts though.

Be good,

nononsense

 

well there is a problem, there is no historical data for the TMI, they could have done it on the Wilshire 5000