CME Member Fee Changes

[jeb9999]

The CME announced fee changes for exchange members effective 09/01/2009. No fee changes for nonmembers.

The key change is to remove the daily $50.00 Globex fee cap for E-mini equity index trades and replace it with a tiered globex fee discount schedule.

http://www.cmegroup.com/company/files/Q32009-Fee-Change.pdf

 

[piggie2000]

Are you sure this has no bearing on retail traders? my firm sent me a copy

 

[jeb9999]

Quote from piggie2000:

Are you sure this has no bearing on retail traders? my firm sent me a copy

I've never heard of retail traders getting Globex fee discounts. The changes only apply to exchange members.

 

[iamlucky]

From the pdf, it indicated that Electronic Corporate Member (Rule 106.R) clearing fee will be increased from 0.49 to 0.64.

If this true, then this is a very BAD news!!!!

Maybe this is only apply to Commodities Products, not including the E-Mini? Can someone confirm this?

 

[startraitor]

Only affects members but includes clearing members. No change for retail traders, unless you can negotiate a better commission.

http://www.cmegroup.com/company/files/Q32009-Fee-Change.pdf