ICE vs CME Clearing and Exchange Fees

[charlieThomas]

I getting ready to start shopping for a new broker because my current broker does not support the TF contract (russell 2000 ice) on the Ninjatrader platform.

Round turn CME Clearing, Exchange and Nfa at my broker is $2.30. I'm assuming this is what everyone pays unless you have some sort of exchange seat/lease deal.

What is ICE charging to Round turn the TF contract?

If ICE fees are less (or more) than the CME's, does your broker charge a different total fee for the TF vs say ES?

thanks,
cT

 

[osorico]

Quote from charlieThomas:

I getting ready to start shopping for a new broker because my current broker does not support the TF contract (russell 2000 ice) on the Ninjatrader platform.

Round turn CME Clearing, Exchange and Nfa at my broker is $2.30. I'm assuming this is what everyone pays unless you have some sort of exchange seat/lease deal.

What is ICE charging to Round turn the TF contract?

If ICE fees are less (or more) than the CME's, does your broker charge a different total fee for the TF vs say ES?

thanks,
cT

Here's ICE fees...
https://www.theice.com/publicdocs/futures_us/Exchange_and_Clearing_Fees.pdf

Remember, commissions are negotiable at A LOT of brokerages. A rule of thumb... if the broker provides a published rate card, chances are, that broker will NOT negotiate. A decent starting point for ALL-IN (fees included) commissions IMO, is the published, non-negotiable, rate card at MBTrading. No quota, available to anyone off the street. (Not necessarily a broker recommendation however)... http://mbtrading.com/ratesFutures.asp.

Osorico