Any Futures Prop Traders/CME Seat Lessees

I believe that you need a seat for globex now.Good friends of mine are members and they had to adhear to the new rules at the CME. From what i understand is that A globex terminal must be inconjunction with a seat. Im not sure if one seat can have multiple Globex terminals> I can find out if you guys want. I'm on my way down to the Merk now.......
 
Originally posted by ertrader
I believe that you need a seat for globex now.Good friends of mine are members and they had to adhear to the new rules at the CME. From what i understand is that A globex terminal must be inconjunction with a seat. Im not sure if one seat can have multiple Globex terminals> I can find out if you guys want. I'm on my way down to the Merk now.......

I agree.
 
Do any of you know what the competitive rates in Chicago are for trading emini's on direct access software, and the requirements for trading ( i.e. CME memberships, etc.)?

Thanks.
 
Just looked at www.gelbergroup.com


Minimum to open an account 50000,-$ for futures

E-mini ;

non-member ; 0 - 2500 ; 4.28
2500- 5000; 3.68
5000-10000; 3.08
10000-40000; 2.68
+40000 ; 2.58

lessee member ; 2.88
; 2.28
; 1.68
; 1.28
; 1.18

monthly fee for lessee about 3500,-$


To be a lessee or not ?

from 2500 contracts a month you save money
1.4 per contract less
 
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