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USFE launches Dax future in dollars, hints at further plans


The US Futures Exchange announced on Wednesday September 3 that in agreement with Deutsche Börse it will launch a mini-sized, dollar-denominated Dax 30 futures contract. And CEO John Spiegel told Futures and Options Intelligence that further products would follow, despite a quiet summer of trading on the exchange.

The Mini$ Dax 30 contract, which will carry a $10 multiplier, will be available for trading on October 1. It will enable US market participants to gain exposure to the German...

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