|
PureBytes Links
Trading Reference Links
|
Ira,
I know about Spiders,,, they trade like a stock and I assume, correct me
if I am wrong, that they are only marginable to 50% like stocks.
(If you can put down 5% to 6% margin let me know.)
If that is the case they are not what I am talking about.. I am talking
about a unit futures trust. Pardon my miss use of present terms to
describe what doesn't exist. There is no reason that something like that
can't be marketed.. It just needs a change in the law..
Regards,
Don
Ira wrote:
>
> I has already been done and it is called a spider, SPY, and it trades on the Amex.
> Ira
>
> Donald Thompson wrote:
>
> > Intel55@xxxxxxx wrote:
> > >
> > > In a message dated 12/3/98 8:50:10 AM Central Standard Time,
> > I don't know why
> >
> > That the trouble with monopolys.. All we need now is a law written
> > making it ok to
> > turn the E-Mini and the S&P 500 Futures contract as a financial
> > instruement to be a true commodity. Ubiquitous. Such that Merril Lynch
> > or some brokerage company could write out a leveraged futures
> > ADR. Then the thing could trade on the NYSE or NASDAQ which has an
> > established electronic trading network..
> >
> > Don
.
|