CME's micro e-mini options volume has settled into a ~10K ADV range after launching 8/31. Open interest stands at ~57K contracts:pic.twitter.com/nUH92ixu11
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Is that good, bad?
It's certainly not the "greatest launch ever" like the micro e-mini futures were, but good enough that the product was worth launching. The micros are priced higher on a per-share basis than the normal e-mini, so it helps price discrimination of retail.