E-Mini Russel 2000 (TF) Multiplier Change
Something you should be aware of if you're trading the TF: Starting today (December 5th) the E-Mini Russel 2000 (TF) has a tick value of USD 5.00 instead of USD 10.00 while the tick size stays the same. For more info see the ICE FAQ.
...As CME already did for other products it seems that they need to bring a lot of small fishes in the market.
You know, the big boys are always hungry and they must be fed in some way
Well yes, for sure it brings in more retail traders. But considering the TF is a considered a mini-future it makes sense. At least on a daily basis the TF has become a really huge contract over the last couple of years. Now it will be interesting to see what actually happens to the volume.