The trading volume is drying up, with open interest holding up only because of the hotly contested EC2510 contract. There is no sign yet of traders willing to roll over their EC2510 positions into longer-dated contracts. If the bears are correct, volumes will fall sharply once the October contracts expire, creating a difficult environment for the launch of two additional futures products—one on ICE based on the NYSHEX index and the other on Euronext based on the Xeneta index.
For the first time