Index futures

[HateGauteng]

Hi Simon. Heard about the new Index Futures, last night - totally awesome. Just wondering about the information resources that would go along with those, such as 15 min charts, etc. When will the website get those? Thanks

[SimonPB]

yes

[HateGauteng]

Is there a timeframe for the implementation of the Index futures accounts, new charts,etc. Got a rough one from Kurt last night but need clarity so I can start looking more closely at some sort of intraday system.

[saash]

Ah great - Hot on the topic ... WHEN will it happen?

[SimonPB]

the "rough one" as good as you gonna get right now ..

[HateGauteng]

Hi Saash. Have you seen the new futures? R10 a contract; 10x gearing and . . . . wait for it . . . no market maker commission. I'm drooling already - another place to wipeout even faster than usual.

[saash]

Lol - lovely. Can't wait :{

[#8]

OK so where is the hidden treasure? Spreads to cross, built-in margins, there has to be something. Selling risk has a "fee" attached to it and last I saw OST and SBK were no philanthropists

[SimonPB]

just R10 .. an the R10 includes SAFEX fees and vat ..

[#10]

Aah the worlds best capatalist weapon, not often engaged in the last few decades though......low margins, massive volumes, impressive profits ;-)

[SimonPB]

actually took off in the last decade thanks to the internet .. amazon, etc ..

[HateGauteng]

. . thats in the rest of the world. In Africa you get taken for all you got with no consideration for repeat business. The rest of the continent learnt it from Gauteng.

[quovadis]

Hi Simon, when are these due to be launched?

[SimonPB]

2010 .. probably sooner rather then later in 2010 ..