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

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.

Comments

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  1. Gav (Trader Gav) — Trackback
    CME to launch Forex E-micro Futures…bucket shops slaughter?: CME announced the launching of Forex E-micro Future.. http://tinyurl.com/cmt3rv
  2. Dan Robbins — Trackback
    @sorenmacbeth - have you seen this (FX micro futures) via @tradergav http://bit.ly/UcUgE What's your take on this?
  3. Trader Gav — Trackback
    CME to launch Forex E-micro Futures…bucket shops slaughter?: CME announced the launching of Forex E-micro Future.. http://tinyurl.com/cmt3rv
  4. Forex Income Engine 2.0 Review
    Thats good news