SSFs: why no love?

[iggy9807]

I can't figure out why SSFs never took off. Looks like an ideal trading vehicle. Flexible leverage, no day-trading restrictions, can be traded in an IRA account, you can short all you want. The volumes are miniscule however. Why?

PS I am considering trading SPY futures in my smallish account. Is that a bad idea?

 

[nazzdack]

Quote from iggy9807:
I can't figure out why SSFs never took off.

1) People from New York don't want to trade them because they are "futures".
2) People from Chicago don't want to trade them because they are "stocks".
3) Ignore them.

 

[joe4422]

They're still relatively new for one thing. It will take awhile for them to catch on.

 

[Rodney King]

Quote from joe4422:

They're still relatively new for one thing. It will take awhile for them to catch on.

They've been trading for ~8 years (is that 'new'?)

 

[OTCkrak]

Quote from iggy9807:

no day-trading restrictions

wrong.. same PPT restrictions apply

the big negative is that spreads are wider, volume in single stock futures is < equity. SPY is an index future, no?

 

[stock777]

Quote from joe4422:

They're still relatively new for one thing. It will take awhile for them to catch on.

lol, you're hip