How many people are still trading the SPX? Why not just go over to the e-mini contract of the S&P?
Quote from BNB Analytics:
How many people are still trading the SPX? Why not just go over to the e-mini contract of the S&P?
Quote from cbkswonk:
We use the SPX in our institutional hedging, as well as a eRMM in SPX.
Clearly, retail (read Day, if he could afford the margin) could benefit from the e-mini options though...
Quote from BNB Analytics:
How many people are still trading the SPX? Why not just go over to the e-mini contract of the S&P?
Quote from day7793:
WE, I mean plural ( not a typo) have migrated to NDX and RUT. The charts on NDX are much better and the fills are great. RUT also works fine. You guys are CBOE have killed your goose. Less business, less revenue, less popularity, lessor or everything.
Quote from day7793:
Less people are using SPX. I know WE ( a plural not a typo) have completely switched over to NDX for the same bang this month in September. Its a great product, great fills, you are in and out. Tight bid and asks, whats more do you want? Lots of liquidity.


Quote from day7793:
WE, I mean plural ( not a typo) have migrated to NDX and RUT. The charts on NDX are much better and the fills are great. RUT also works fine. You guys are CBOE have killed your goose. Less business, less revenue, less popularity, lessor or everything.

Quote from resinate:
More outright wrong information, imagine that..... SPX has been setting volume records as recently as in the last month. So much for draining the moat.
" The Chicago Board Options Exchange (CBOE), the largest options exchange in the U.S., announced the busiest trading day in its 34-year history occurred Thursday, August 16, 2007,.....
In addition to the exchange records, a trio of Index and ETF options products established new single-day volume records on Thursday, August 16, 2007. Trading in options on the S&P 500 Index (SPX) crossed the two million mark for the first time ever with volume of 2,070,573 contracts, beating the previous record of 1,833,022 contracts on March 14, 2007..... "
from: http://cboe.com/AboutCBOE/ShowDocument.aspx?DIR=ACNews&FILE=cboe_20070817.doc