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Is it worth it to sign a petition enabling 1/10th contract size


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  #1 (permalink)
 kreightonOG 
glendale + az/maricopa
 
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Do you think it would be worth it to sign this petetion to enable 1/10th contract size on crude oil for United states residents? Do you guys think if enough people actually signed it that it would happen? To me having an option to trade 1/10th the contract size on crude oil sseems pretty attractive

http://chng.it/fS7t2FrX6v


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 matthew28 
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They already have a full size contract, CL, (919,000 contracts traded yesterday), and an e-mini crude, QM, (40,000 contracts yesterday). The QM is half the size, a ten cent move in CL is $100/RT, and QM $50/RT.
It took the CME years to create the micro equities products to qive a second alternative for for those equities. I can't see why the CME would want to add a third crude alternative, especially as the QM was only introduced relatively recently.
Just my thoughts though.


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  #4 (permalink)
 steve2222 
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Here .....

and here ........

For the later thread link you need to read that post plus numerous subsequent posts in the same thread.

@FuturesTrader71 may have an update


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