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The CME will be delisting the ER2 contract at the expiry of the Sept '08
contract and ICE already has its version up and running. Volume, of course,
is pathetic with barely 1000 contracts traded in a day, but that should
change.
My only knowledge of ICE is from the frequent alerts from Interactive
Brokers that the ICE platform is down. I've seen no mention on these lists
of any concerns by traders of the move to ICE, whether the volume will be
the same as it is now, whether the CME will introduce a similar index and
what impact that will have, etc., etc.
Any thoughts anyone?
Andrew
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