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A closer link between CME and CBOE might benefit customers...?
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It may in terms of lower prices, but CME launching this product is a direct challenge to CBOE which has been considered the king of volatility futures up to this point. If CME takes volume away from the VIX, liquidity may be challenged at some point as well.
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Just write it off. Track record in exchange space of disruption of incumbent futures products in the last thirty years you can count with one hand.
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