The Small Exchange Opens, Signs New Partners and Introduces New Product Suite, Reports Business Wire
May 19, 2020
By Business Wire
"The Small Exchange, a new futures exchange backed by renowned innovators in the financial industry, announced investors can begin trading on the Small Exchange June 1, 2020. The U.S. Commodity Futures Trading Commission (CFTC) designated the Small Exchange in March 2020 as a contract market (exchange) and the Options Clearing Corporation has successfully completed testing. The Small Exchange has also landed support from partners ABN Amro Clearing, Apex, Budo Trading, Citadel Securities, CQG, Dorman, FC Stone, Gain Capital, Interactive Brokers, Jump Trading, Kore Trading, Peak 6, Phillip Capital, Rithmic, tastyworks, Tickmill, Tradovate, and Wedbush" reports Business Wire.
“We are absolutely thrilled the Small Exchange will commence operations with the public beginning June 1. I can’t say enough about the Smalls team, the support of our investors, vendors and participants for helping us get to the starting line,” said Donnie Roberts President and CEO of the Small Exchange. “Our launch will provide an added capital efficient venue for investors and our new products Small, Standard and Simple will provide greater access to the futures markets with a low cost fee structure for all participants. We have wanted to shift the futures' markets structure so we can change the world for all investors and make it more accessible, now we have our chance.”
“While we feel ready to open the gates, we are going to limit our initial launch to 3 products: an Equity Index, Dollar Index, and Metals Index. Additional product is to be provided in successive expiration cycles.” said Donnie Roberts
The Small Exchange is making futures markets more accessible to more people with small, standard, and simple products that combine the best of futures and stocks.
Read the full article: The Small Exchange Opens, Signs New Partners and Introduces New Product Suite.
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