FairX Announces New Futures Exchange for Retail Investors

[Sig]

I asked if you think they should they be broken up, not regulated.

My apologies, my discussion with @Specterx was about their assertion that exchanges be regulated as a utility. You're asking a different question now, which is if we should change from our legal standard of the past 100 years of specific monopolist behavior being illegal to either making a monopoly illegal per se or adding network effects to definition of illegal monopoly behavior. I have to ask which change you're advocating and how you would ensure it only impacted exchanges and not thousands of other companies that meet the definition you propose?

 

[newwer]

Check out their fees: incredibly low.
Like I said: total game changer.

 

[newwer]

I predict volume within 2 years:
1 Micro Bloomberg US Large Cap Index Futures > ES
2 Micro Super Tech Index Futures > NQ
3 More Indexes added along with Options

 

[SunTrader]

My apologies, my discussion with @Specterx was about their assertion that exchanges be regulated as a utility. You're asking a different question now, which is if we should change from our legal standard of the past 100 years of specific monopolist behavior being illegal to either making a monopoly illegal per se or adding network effects to definition of illegal monopoly behavior. I have to ask which change you're advocating and how you would ensure it only impacted exchanges and not thousands of other companies that meet the definition you propose?

Again you are not reading what I post.

I asked if you think we should break them up, or is doing nothing better?

If so why is it better to do nothing at all with companies becoming more and more dominant, whether or not network effects are taken into consideration?

More dominant just like our "too big to fail" banks.

 

[newwer]

Check out their fees: incredibly low.
Like I said: total game changer.

Can someone explain the "market maker fee." I know it only applies to designated market makers but seems strange. What benefit do the MMs get to pay such a fee?

 

[newwer]

Crypto has totally changed the game. There is so much innovation in Fintech. Really the best time to be a trader.

 

[Sig]

Again you are not reading what I post.

I asked if you think we should break them up, or is doing nothing better?

If so why is it better to do nothing at all with companies becoming more and more dominant, whether or not network effects are taken into consideration?

More dominant just like our "too big to fail" banks.

I think life if very complex and you can't just "break them up" without defining who "them" are and exactly what "them" are doing in a way that doesn't unintentionally snare a bunch of businesses and eliminate a bunch of beneficial concepts like risk capital. If you or anyone for that matter, have a way to define those things that doesn't lead to unintentional consequences, I'm all for it. I just haven't seen any specific proposal beyond the generic "break them up" sentiment that don't do more harm than good. Happy to hear your proposal though, and if it makes sense you'll certainly have sold me.

 

[Tradovate]

Check out their fees: incredibly low.
Like I said: total game changer.

The FairX futures will be commission-free at Tradovate. In addition, until December 31, all exchange fees are covered by Tradovate. There are no market data fees for both pro or non-pro. The nano day trade margins are $10, with the micros $50. Here are all the details - https://info.tradovate.com/fairx-futures

 

[traderday2003]

Will these fairx futures be offered at Interactive brokers?

 

[newwer]

Is there a symbol for real-time index data/charts to trade off of?