CBOT moves MidAm upstairs, launches mini Dow futures.(Chicago Board of Trade information services)(Brief Article)

Futures (Cedar Falls, Iowa), July, 2001

Long before the advent of e-mini contracts, young traders could cut their teeth trading downsized contracts on the MidAmerica Exchange (MidAm), an affiliate of the CBOT. Now the CBOT will offer those contracts electronically--announcing in June that they are decommissioning the MidAm and converting its eight most popular contracts into CBOT mini contracts to be traded on the a/c/e platform.

The decision comes on the heels of a CBOT announcement to offer a mini version of its Dow Jones futures contract on the a/c/e platform.

The CBOT is hoping to cash in on the popularity of e-mini contracts enjoyed by its competitor, the CME. The CBOT plans to have contract specifications for a mini Dow completed, pending regulatory approval, by third quarter this...

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