Eurex is introducing a Mini-DAX Future...

[debitspread]

Also spreads are like 1 to 3 full index points with little liquidity. Its only day 2 but it looks like its another one of the many Eurex DOA products.

Has *any* new product ever been highly liquid on its second trading day?

 

[Pippi436]

Apparently they had troubles finding marketmakers for this, even with the incentive program and going full-tick instead of half-tick (which sucks too btw).

 

[MarketOwl]

The mini DAX is 20% of the big contract - but the exchange-fee is 50% of the big contract. Also spreads are like 1 to 3 full index points with little liquidity. Its only day 2 but it looks like its another one of the many Eurex DOA products.

It was so obvious that it was gonna be a bust. Less liquidity, more exchange fees relative to size, and no interest from Institutions.

 

[patrickrooney]

Volume has been increasing just about every day and the contact has averaged over 10,000 fills the past few days. I think this contract will do fine. Very well actually.

 

[debitspread]

Volume has been increasing just about every day and the contact has averaged over 10,000 fills the past few days. I think this contract will do fine. Very well actually.

Yes, I predicted that right from the start, and was beset by morons.