“With SIG and DRW, two of the largest and best market-making firms in the world, we expect better pricing, larger sizes, and narrower spreads for our trading members. We expect their influence to be profound as they phase in their participation on our Exchange. In addition, HedgeStreet plans to launch a compelling institutional platform later this year. That new platform will carry a similar range of contracts, in larger denominations,” said Stephen Race, Chairman and CEO of HedgeStreet.
Psstt… I hope that they won’t use the same contract designs for their “institutional” futures exchange. HedgeStreet is currently modeled after IEM; no good.
