Mini Dax Launch!

[CPTrader]

Trading starts October 1,2008

See:

http://usfe.com/download/dax_sellsheet.pdf

http://www.marketwatch.com/news/story/us-futures-exchange-list-mini-sized/story.aspx?guid={8CCB8D38-7965-4CAF-8A90-617655501F6A}&dist=hppr

I think this will be an excellent product.

 

[FM_Tarwater]

Sweet. Hopefully it'll gain enough volume. Could be a great replacement for all those looking for a new product to trade once the ER2 goes belly up when it leaves the CME/Globex.

 

[jeb9999]

It will be denominated in US Dollars, so arbitrage will be fun.

Never heard of the USFE before.

 

[osorico]

I too think this will be a good product. The problem, at this moment, good for whom?

USFE is (majority) owned by Man. I have not seen other brokerages offering USFE products. A cursory search at IB and OEC does not show USFE as an exchange. Of course, MFGlobal and affiliates have full access.

Osorico

 

[ids]

We did offer this exchange some time ago but dropped because it is pretty much dead.