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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who started this subject	12/1/2003 1:10:12 PM
From: TFF	of 12617

Merc to offer gold contract The Chicago Mercantile Exchange, the largest U.S. futures market, plans to start offering a contract linked to the price of gold next week that the exchange hopes will appeal to retail investors. The Gold Total Return Asset Contracts, developed by Merrill Lynch & Co. and the exchange, will start trading Thursday at $25 each on the Globex electronic system, the Merc said. The contracts, known as Gold TRAKRS, will be cheaper than a New York Mercantile Exchange gold futures contract, which cost $39,800 at the close of trading Wednesday.

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