Recent content by cjriley

CBOT Membership Seat Prices as of June 7, 9:06 AM (CDT) Class Bid Ask Last Sale Date FULL w/CBOE Exerciser Right 1,698,000 1,720,000 Last:1,698,000 6/7/2005 AM 581,000 700,000 Last: 675,000 6/7/2005 AM1/2 296,000 480,000 Last: 300,000 4/28/2005 COM 165,000 181,000 Last: 175,000...

I wouldn't be so sure about the growth potential you're predicting. If history is any accurate reflection of future events, one only needs to look at the CBOT's past regarding overnight electronic trading when a floor is vigorously protected. Their project A was a virtual ghost town after...

I believe all of ICE's contracts are cash settled as well. They do provide a front-end that is free of charge. It's rich in functionality and connects to both the futures and OTC markets. Unlike other exchanges, they've invested heavily in supporting and upgrading their front end. As far as...

Ok... you make some good points. But they are also in line with NYMEX fees for an equivalent size futures trade. I don't like paying fees anymore than the next guy, but why would ICE jump to the CME, CBOT, Eurex graduated fee structure model if their primary competition for natgas futures...

You make a good point about the fees. But that problem can be remedied very quickly. I believe the fees across the futures industry are about 5 to 8 % of the tick value. ICE may be north of that, but in comparison to the OTC voice market, they are the best rate out there. It's robbery what...

I'd take ICE and their exchange operations, good or bad, over "open-outcry on every continent from NYMEX" Give them credit for not being complete imbiciles like their counterparts in NY.

artis 74.... seems you have a very low opinion of IPE. They seem to have outdone you today on their first day of fully electronic. Maybe you'll change your tune.

I think the trading has generally dropped off in these markets. ICE's cleared OTC contracts have made converts of many of the old permit holders. In my belief it was a half-hearted attempt at offering an electronic solution. They shut down permits to trade this after they hit 3000 lots a...