Eurex to launch FX futures!?

Just got this via e-mail. Eurex is having a free FX webinar being run by their CEO. Here's an opportunity to ask questions to Eurex management. Could be interesting.

Topic: Introduction to FX Futures on Eurex US
Date: Wednesday, June 22
Time: 3:30pm, Chicago time
Presenter: Satish Nandapurkar, CEO of Eurex US
Register: http://www.eurexus.com/education/webinars.html

Check it out.
 
I will use this as an opportunity to again point out that IB should allow access to more options on futures. Eurodollars on globex is a no-brainer; there is lots of volume and the platform is all set up to go on TWS. Also option on the six major currency pair. However these currency options should be identical to the pit options so volume can more easily move back and forth between the pit and the screen unlike the current product on EUR and JPY.

Even if the option trading through IB is just lining up to be scalped getting an option position gives me the insurance to trade a large futures contact. I only need to make one trade in the illiquid options market to allow access to a very liquid future where I can trade again and again with low slippage/commissions.

Let get to gather here and let them know
 
Did eurexus mention options on currency futures at their webinar last night?

IB have promised options on brent crude futures in a couple of weeks. I agree that IB should add more options on futures but they need to add volume traded for the existing ones. Liffe commodity options would be a great addition.
 
Quote from zf trader:

I will use this as an opportunity to again point out that IB should allow access to more options on futures. Eurodollars on globex is a no-brainer; there is lots of volume and the platform is all set up to go on TWS. Also option on the six major currency pair. However these currency options should be identical to the pit options so volume can more easily move back and forth between the pit and the screen unlike the current product on EUR and JPY.

Even if the option trading through IB is just lining up to be scalped getting an option position gives me the insurance to trade a large futures contact. I only need to make one trade in the illiquid options market to allow access to a very liquid future where I can trade again and again with low slippage/commissions.

Let get to gather here and let them know

We offer EuroFX and JPY options. We'll offer the other options on currency pair futures when they are electronic.
 
get a new broker kids.

why do so many people settle for an outfit that doesnt offer the basics?

missed opportunity! & you call your self a trader??
 
Quote from CPTrader:

It seems you assume that all trades in energy products are by commercials. I would guess that over 40% of the energy volume is purely by specs who would frankly PREFER cash settlement.

In sum EUREX US should launch cash settled energy products for the specs and the commercials can stay at the NYMEX if they want.


err - thats not quite how it works.

commercials need the specs and the specs need the commercials.
 
Quote from FredBloggs:

err - thats not quite how it works.

commercials need the specs and the specs need the commercials.

True - comms enhance the volume for specs and vice-versa, but this does not mean, either side ABSOLUTELY NEEDS the other side for a viable market.

At least this is my thinking.. I'm interested in hearing the opinions of others who are more experienced.
 
Quote from just21:

Did eurexus mention options on currency futures at their webinar last night?

IB have promised options on brent crude futures in a couple of weeks. I agree that IB should add more options on futures but they need to add volume traded for the existing ones. Liffe commodity options would be a great addition.

I couldn't get into the webinar. Apparently they had technical difficulties and the Eurex US website says the webinar has been rescheduled for Monday at 11am Chicago time.

FX options would be a great question to ask.
 
Quote from CPTrader:

NYMEX locals/market makers are overrated.

It's very simply a basic economic question of supply and demand.

I estimate that at least 40% of trading activity in crude/natgas is purely speculative. If EurexUs lists these products and attracts even 80% of this speculative traidng volume, NYMEX will be in big trouble.

Also of the other 50 - 60% commercial/hedging trading volume - I will also guesstimate that about only half of it is PURE COMMERCIAL volume i.e. activity by traders who want or have no aversion to taking delivery.

If EurexUS attracts half of that pseudo commerical volume then you really see that NYMEX will be in trouble. I may be adopting an over simplistic approach, but I am faily confident in my thesis.

yeah, but the market demands more than just low rates and electronic matches. it demands information and tested relationships. that's how business really works, and why attempts to dehumanize it always drive away business.
 
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