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ICE attempt to lure rival exchange members to its mini Russell futures

by Colin Packham, Sydney

Intercontinental Exchange (ICE) has unveiled an incentive programme to attract rival exchange members to trade its Russell mini futures.

The Atlanta-based exchange said that all members of CME Group, Chicago Board Options Exchange, and New York Mercantile Exchange will receive a financial incentive to trade the index-based contract.

The programme includes the Russell 2000 mini and the Russell 1000 mini futures and options on futures contracts. Individual, clearing and corporate members, may trade the mini size Russell Index futures contracts at...

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