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I read too fast and I thought I read ' the Small exchange Small News! ' Is the word 'exchange' the appropriate word?
Hard to tell. Looks like they are a middleman-broker of sorts? Seems there is no provision for trading outside of RTH.
Indeed, I saw on the site some mention about how tastytrade customers got a waiver on something. Can't find it now, can't be bothered to try to find it again. I wish them well I think.
They've advertised and a handful of products - including a cash-settled oil composite. Only promoting the first three so far so oil will not make the 6/01.
Deep down, I kind of wish this small exchange will succeed because CME is a greedy SOB that doesn't give a crap about its customers, always raising the damn fees, and always on the prowl to nickel and dime you.