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Honey, We Shrunk the Yield Curve!
Now you can trade the 2YR, 10YR, or 30YR Treasury Yield with ease thanks to the new suite of interest rate products from the Small Exchange!
Already an interest rate pro? Put together your steepeners, flatteners, and inversion strategies with 1:1 ratios and simple pricing convention.
†[my] is the first letter of the month and the last number of the year.
‡[myy] is the first letter of the month and the last two numbers of the year.
Pair the Benefits of Futures with the Clarity of Stocks
Efficient SPAN margining requires 10-50x less capital than stocks or ETFs
Futures are not subject to the Pattern Day Trading Rule
Futures receive a more favorable tax treatment than stocks
Futures contracts can be more capital-efficient than stocks, but their complex design and large size have kept investors from adopting them for speculative and risk management needs. The Smalls offer the best of both worlds with products that are small, standard, and simple.
Each product has smaller proportions than existing futures and more efficient margining than traditional stocks and ETFs.
Cheaper than stocks and ETFs
±$40 - $100
±$500 - $1,500
Smaller than traditional futures
Futures are financial contracts to buy or sell an asset at a set price on a set date in the future. Exchange-traded funds (ETFs) are tradable products made up of securities, such as stocks.
All Smalls expire on the
third Friday of the month
All Smalls move in
0.01 increments that equal $1
The build behind all Small Exchange
products is standard, so you can
focus on trading, not studying.
Small 10YR US Treasury Yield
Simplified pricing for trading rates
Small Technology 60
Try stocks from information to biotechnology
Small Stocks 75
Trade the most active, highly liquid stocks
The concept at the center of each product is simple, making your trip from inspiration to execution as short as possible.
Small Precious Metals
Catch the hottest trends in three metals
Small US Dollar
Skip the conversions in foreign exchange
Invest in Long-Term Direction
Maximize your return on capital with products that demand less capital.
Speculate on Short-Term Action
Capitalize on market opportunities with exposure to multiple asset classes.
Hedge from Unwanted Volatility
Protect your portfolio with liquid, cash settled futures.
The Future of Trading is Small
We believe in low-cost, standard futures products that keep you focused on trading. Our fees are materially lower than traditional exchanges and we don't distinguish between professional and non-professional traders who wish to receive our market data. From stocks and bonds to commodities and currencies, our entire product suite was designed with an efficiency that empowers like futures and a construction that’s simple like stocks.