Daily volume rising in CME's Micro Bitcoin Futures

[They]

Looking like a very successful launch of this new product. Time for all futures brokers/FCMs to make this product available to their customers and increase the liquidity. @Amp

https://www.cmegroup.com/trading/eq...oin_quotes_volume_voi.html#tradeDate=20210510

 

[R1234]

Also, it looks like IBKR lowered their MBT commission to match TD Ameritrade. $2.25 per side. So it's $4.75 per side all in with CME fees.

 

[They]

Also, it looks like IBKR lowered their MBT commission to match TD Ameritrade. $2.25 per side. So it's $4.75 per side all in with CME fees.

A little steep

 

[maxinger]

and the bid offer spread is 10-20 ticks?!

when will it be just 1-2 ticks?

 

[Overnight]

and the bid offer spread is 10-20 ticks?!

when will it be just 1-2 ticks?

It will be 1-2 ticks when there is enough liquidity to squeeze the spread to 1-2 ticks. I.E. When it comes off the fringe.

 

[CannonTrading_Ilan]

Excellent volume for a NEW product. If the volume increase, spreads tighten like @Overnight said , this could be an interesting market to say the least.