Taking stock of SSFs

In the US, single-stock futures are provoking an extremely mixed response from the industry. Why do major players remain so undecided? Gallagher Polyn reports

Executives from US single-stock futures (SSFs) exchanges NQLX and OneChicago say no-one who wants to make money should be late to join this new equity futures market. However, vital market constituencies for the new product aren’t so sure this is so.

Discussing SSFs with the new product’s backers sometimes takes on the air of a gossip behind a friend’s back – being both harsh and supportive. For example: “We’ve got a huge corporate and institutional [client base], and none of them

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