CME 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
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.