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Strategies & Market Trends : Canadian Options
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To: Robespierre who wrote (1432)11/8/1999 5:51:00 PM
From: Dave.S   of 1598
 
Robespierre:

Everyone involved in the Canadian Index futures market is frustrated over the current situation. The TXF market was very liquid and active before the SXF started trading and now both the TXF and the SXF are very hard to trade. And of course the index options are dead in both markets.

The Montreal futures are waiting for approval from the SEC for the SXF contract to trade in the U.S. The U.S. firms are ready to go but need this one step. It's unclear when this will happen. The TXF will cease trading after the December expiry.

I hope they haven't killed the index futures and options market in Canada by the messy way the transfer was handled.

Dave
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