The Greeks

Will the Futures Market Kill the Options Golden Goose?

Actually, I've heard that 3 trillion number in several places now. I think the CBOE or OCC even throws it around. It seems to be accurate. Your ratio of 10 or 20 to 1, however, is way off base.

Burying the Hatchet: CBOE, CME and the Road Ahead

I thought the same thing. Then I checked the Options Insider website and saw that this article was up-to-date when it first appeared last month. Seeking Alpha has just republished it here for its readers, many of whom are stock traders and don't routinely visit options websites. As a result, I'm sure most of the readers of this article are encountering this info for the first time. If you want a good summary of the CBOE/CME/CBOT conflict, then read this article. If you want up-to-date information on this subject, then you should probably read his website (TheOptionsInsider.com).