QQQ SSF 1,000 share contract starts tomorrow

http://www.nqlx.com/NQLX/PressRelease/NQLXexpandsRelease.pdf

With IB that ends up being $.001 a share (per side).

 

So the commish on the 1k share QQQ will still be $1?

If so, that rules...buh-bye AMEX!

(those AMEX bastards must be PO'd about this - i'd be willing to bet they'll try and stop it)

FINALLY a use for the SSF's...

I STILL want the SOX futures, though...maybe they'll wake the ^%$%$#@ up and start that, too...but i doubt it.

 

I would imagine, doesn't take any more effort (from anyone: broker, exchange, etc) considering they will trade on the same platform.

 

Am I missing something?

Why would you want to trade an SSF on Q's when a very liquid contract on the Naz 100 already exists.

Why not just trade NQ? You can get better tax treatment, more leverage and deep liquidity?

 

good point.

i dunno.

that's the whole argument against SSF's...why?

 

Your not the only one!

I am in disbelief that it has not been done yet.