Sabena, Once the CBOT has started to use LIFFE Connect and Eurex lists the US products! At this time the Gloves will be off! Riskless
When you say Eurex is going to list US products, do you mean stuff like eminis? There will be two places to trade eminis? I thought the CME had an exclusive on SP index products.
Thanks for the compliment Seth. I enjoyed speaking with you as well. I'll call you on Friday morning. Susan
Another cause for the high exchange fees is that your clearing fee is in there. And right now the exchanges have a monopoly on clearing -- you have to clear e-mini's through the CME clearinghouse. ISE just recently filed a lawsuit against the NYBOT challenging this monopoly under anti-trust laws. I hope they are successful!
Yes, the CME has exclusive futures use of the S&P 500 Index. (And probably the Nasdaq 100.) Eurex won't be able to list S&P contracts. But no one has an exclusive on Eurodollars or Treasuries. I expect Eurex to enter the huge huge Eurodollar market first.
Why would ISE which deals in equity optons sue NYBOT whice are soft commodtities exchange. Do you have a link to that story? Thanks
Eurex will list all of the contracts that do not have exclusivity. The Dow, Nasadq and S&P contracts are owned by the CBOT and CME. They will list the Interest rate products with a vengeance. Regards, Tom
Thanks Mark! I know that you and your firm add value on EliteTrader. I appreciate the welcome! Take care.