NYMEX membership lease prices?

Quote from OTCkrak:

what ballpark of volume would make a lease marginally efficient?

day or month

for NYMEX...with current leases averaging $1900, you'd probably want to be doing a solid 1,000 a month before even considering it....just off the top of my head.
 
Quote from heech:

Do you have any experience with ICE membership? I was about to get excited after seeing a bid/offer price of $10k on ICE membership... then I saw this:

"The bidder must have 3,162 shares of ICE common stock in an unrestricted account at Computershare in order to place the bid."

With ICE trading ~$100/share, that means I have to put up $300k in order to become an equity owner in ICE...? But I assume these shares can be sold if/when I ever relinquish membership?

It is at 10k because it is worthless. Unless you were grandfathered in, leasing/owning a ICE seat. gives you no benefit in equities. (I'm not sure about other products, but I think it is across the board.)
 
Back
Top