Recent content by WDNY

There are usually a few ads in the NY Times for floor clerks.

I thought that it looked like the full seat lease price was around $1200. Doesn't that allow you to trade futures/options on all products - S&P's, Interest rates, etc? Although I do understand what you're saying about price being about edge and not just volume.

I have some experience trading on the NYBOT - was just looking into CME seat lease prices. Can anyone speculate as to why they're so inexpensive? They look about the same as NYBOT while NYMEX is 15 times as much as both. I assumed that the CME (huge volume, right?) would be just as expensive as...