THREAD:
@CMEGroup is launching micro e-mini options on Aug 31.
Below is an attempt to quantify how big of a win they could be for the exchange.
Read on for more
$CME
It's near impossible to succeed as a startup exchange. Their main products are equity indices, treasuries, oil and metals which already have a liquid market on CME and ICE. Small size can't win by itself imo, but will need to see volumes before writing them off completely.
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Thanks for your insights. I am also quite interested in exchanges and would love to have further discussions sometime. Do you have any writing/reports I should check out? I see a SA link in your bio but am away from computer right now.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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