Futures That Don’t Look Like Futures
The Small Exchange launched new futures products that pair the efficiency of futures with the simplicity of stocks, on June 1, 2020. Built on the pillars small, standard, and simple, the Smalls cover everything from stocks and bonds to commodities and foreign exchange in a way that is accessible to the everyday trader. After surveying the current landscape for active investing, CEO Donnie Roberts decided that traditional futures had not evolved to meet the needs of the self-directed trader. Small Exchange futures were designed with ease of use in mind, and they cut out the large notional sizes and inconsistent specifications from traditional futures while providing cost-efficient capital requirements. All products from the Small Exchange have the same minimum tick (0.01 that equates to $1) and expiration (third Friday of the month) to go along with a size that is more manageable than most existing futures contracts. Traders and investors...