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What's the Future for Single Stock Futures?
This article was originally published Jan. 24, 2001.
The way futures exchanges select new products calls to mind a remark attributed to 19th century German Chancellor Otto von Bismarck: Those who love sausages and laws should not watch either being made.
The exchanges' latest attempt to find a killer app, one that will spur huge new volumes of trade, centers on single-stock futures, or SSFs.
On the surface, this isn't such a bad idea. After all, the marketplace offers all kinds of investments, ranging from stocks to options 
on stock indices.
...
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