Tuesday 6 October 2015

FDXM is Coming!

There will be a new listing om Eurex on 28 October, next. The miniDAX. It will be 1/5th the size of the existing DAX futures contract - 5 Euros a point: 2.50 a tick.

Those of you who have been around a while will remember when the ES was born out of the pit traded SP. And look what happened there. The DAX is an exceptional contract and I expect the new mini contract to become very popular due to its volatility.

https://www.eurexchange.com/exchange-en/resources/circulars/Equity-index-derivatives--Introduction-of-Mini-DAX--Futures/1976324


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