When the Mere launched the S&P 500 index futures discussed below, Melamed was similarly active in pressuring and persuading its members to trade the new product. Other traders would show him their time-stamped trading tickets to demonstrate that they had done the 15 minutes of trading per day on the nascent market that Melamed demanded. They would be "ashamed not to" do this minimum for the collective good, says Melamed (interview).

Donald MacKenzie, An Engine, Not a Camera, loc. 691