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Strategies & Market Trends : Canadian Options

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To: Robespierre who wrote (1432)	11/10/1999 6:44:00 PM
From: Fenwick	of 1598

Gee. What a shocker! With the local population reduced to 5 from 30 or 40 in Toronto and the big firms content to make program trading level markets, you have the recipe for a failure! The firms will fleece the clients for a while until they will migrate to trading Index Participation Units only. Option markets $1 wide on an as requested basis only also spells long term disaster.. They reap what they sow as far as mismanagement and total misunderstanding as to what makes a successful futures market. It hurts to think what the TXF and index options could have been with proper commitment and management.. My two cents for what it is worth as a former TXF and index options trader who now trades exclusively US index markets.

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