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CME to launch Forex E-micro Futures…bucket shops slaughter?

by Gav 4 Comments

fx-211bannerCME announced the launching of Forex E-micro Futures before the end of Q1 2009.  What’s the catch of this?  Well, the basic message for retail traders is : Trading your mini lot on regulated futures market, e.g trading Euro futures with $1.25 per tick.

Six Currency Pairs. Quoted in Interbank Terms. The Largest Regulated Forex Market.
If you would like to trade in a regulated, secure Forex market, get to know our new Forex E-micro futures, traded at CME. One-tenth the size of our standard Forex futures. One-tenth the risk exposure. All of the access to our highly liquid markets.

CME will be launching Forex E-micro futures before the end of Q1 2009 on the following currency pairs:
EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD, USD/CHF

Full details here

Instead of fighting with the retail forex brokers, known bucket shops, maybe trading the regulated futures market is a better choice. Your choice. I guess this is a good move to make retail currencies trading environment a little better.

Filed Under: Links, news Tagged With: FX, news

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Comments

  1. Forex Income Engine 2.0 Review says

    at 8:04 am

    Thats good news

    Reply

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