CME Group [...] today announced the launch of E-micro gold futures exclusively on CME Globex to begin trading on October 3 for trade date October 4. These contracts will be listed by and subject to the rules and regulations of COMEX.More details on the CME e-micro gold page:
The E-micro gold contract is one-tenth the size of the benchmark 100-oz full-size gold futures contract and carries a smaller initial margin requirement. It also has lower trading fees than the standard gold contract, but offers the same full investor safeguards of trading in CME Group's regulated environment.
2010-11-08
E-Micro Gold Contracts
This is a piece of news that I had missed: The CME Group has introduced E-Micro Gold contracts, confirming the gold rush is now so wide that the exchange is looking for small traders/investors/speculators with positions as small as 10 ounces of Gold in futures contract.
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