New Start-Up Exchanges Should Help, Not Hurt CME Group

https://johnlothiannews.com/the-innovators-dilemma-meets-fertiks-law/

 

What a stupid article. It fails the sniff test.

 

The title gives you the clue that the article is worthless.

So Don't click the link !!

 

Why?

 

The title seems incorrect or misleading.
The article talks about new disruptive micro-futures exchanges with low fees, which would be a threat to CME, if not for the need to use CME by traders arbitraging between CME and those new exchanges, just like they do arbitraging between hundreds of crypto exchanges. So the new startup futures exchanges may not be as bad for CME as it may seem.

 

cme needs more competition, their fees are outrageous.

just look at their stock price, tells you all you need to know..

 

One of CME's biggest assets is monopoly clearing making the products, at this time nonfungible

 

Trading on CME, you face 0 counter party risk. Fees are reasonable.

 

fees are reasonable for hedging not trading.

99.9999% of traders can't overcome cme fees (and commish) over the long term. prove me wrong.

 

Anyone who trades stocks at a zero commish broker. Tag, you're it! *runs away and slams door*