Anyone trade the ICE FANG contract today ?

[ajacobson]

Did anyone put a toe in the water?

 

[Robert Morse]

Did anyone put a toe in the water?

Future’s contract? How long has that been out?

 

[Overnight]

Future’s contract? How long has that been out?

Since today. I do not have ICE data so cannot participate without paying extra fees. But it is a smart idea.

http://www.businesswire.com/news/ho...-Exchange-Announces-ICE-Futures-U.S.-Contract

 

[bpr]

why not go all the way single stock futures ...so irritating ..

 

[Maverick74]

why not go all the way single stock futures ...so irritating ..

https://www.onechicago.com/

There are single stock futures.

 

[ajacobson]

I'd do a detailed explanation of why we don't use SSF, but David Downey is an old friend and would probably TP my house. Looks like I may end up being the pioneer in FANG. I'll post my experience.

 

[sle]

Looks like there is real size trading there

 

[bpr]

https://www.onechicago.com/

There are single stock futures.

they are yet to catch steam ... I thought may be CME or ICE will do it better as they have better experience

 

[ajacobson]

Too many here actually believe a trade is selling an older car for merely a used car.

 

[Maverick74]

they are yet to catch steam ... I thought may be CME or ICE will do it better as they have better experience

Why do you want them? The leverage? To someone who is a long term holder they don't make sense tax wise and for a short term holder the slippage will get you.