Having recently switched to trading the CME euro futures, rather than cash fx, I think this could be a very smart move by the CME .. IF they can build volume over the first year year or so :
http://www.cmegroup.com/trading/fx/f...-e-micros.html
Trading EC / 6E (euro futures symbol depending on platform) has three big advantages imho :
1. Regulated exchange with tight 1 pip spread during major sessions (+ a small commission).
2. Volume available, a very useful plus for trading.
3. Because each tick represents a trade, rather than a change in the bid as for cash fx, tick charts are meaningful and therefore very useful.
J.
http://www.cmegroup.com/trading/fx/f...-e-micros.html
Trading EC / 6E (euro futures symbol depending on platform) has three big advantages imho :
1. Regulated exchange with tight 1 pip spread during major sessions (+ a small commission).
2. Volume available, a very useful plus for trading.
3. Because each tick represents a trade, rather than a change in the bid as for cash fx, tick charts are meaningful and therefore very useful.
J.