POLL! How Much Do You Pay Per Contract

[big ed73]

Quote from FuturesTrader71:

This means that as you play more and more commission, your rate goes down because the clearing firm secures it minimum profit and then gives you discounts from there.

An example would be:

$1.00 per turn up to $6000 in commission paid

$.80/RT to $10000

$.50/RT to $14000

$0.10/RT above $16,000 in commission paid per year

Now remember that I'm talking about commissions only; not exchange and clearing fees or NFA. The exchange fee is determined by your membership level and your clearing firm can't do anything about that.

Good luck.

I got it. Thanks again.

 

[HooLee]

Quote from JackR:

Mini Russell ER2 Example
Bundled is $4.80 R/T.
Unbundled is a sliding scale. Includes all fees.
Do 500 R/Ts (1000 total contracts) and it's $4.44 R/T.
Assumes no carryover trades.
Jack

Thanks for the example. So even your volume is less than 300 it is still cheaper with Unbundled fee structure, provided no carryover. Am I right?

 

[HooLee]

Quote from HooLee:

Thanks for the example. So even your volume is less than 300 it is still cheaper with Unbundled fee structure, provided no carryover. Am I right?

Never mind, I found the answer in another thread.

 

[ripcat]

Greenstreet Discount 3.80 R/T I use TM also. 4.72 R/T Foreign Currencies.

 

[lolo24ca]

Quote from big ed73:

does ninja trader have charts?

V.5 of Ninja trader offers Chart

 

[LivermoreRisen]

2.14/rt for E-CBOT DEBT (i.e. FV, TY, ZB,...) at Transact Futures

364 RTs per month minimum trading volume otherwise you are charged $400-(.55 X #contracts traded for the month).

 

[downtickboy]

Quote from LivermoreRisen:

2.14/rt for E-CBOT DEBT (i.e. FV, TY, ZB,...) at Transact Futures

364 RTs per month minimum trading volume otherwise you are charged $400-(.55 X #contracts traded for the month).

Wait until they make you update to the new version of the Transact software to comply with the TT settlement and all the size on the bid and ask columns disappear everytime you move your mouse over those columns. Then you will be pissed about having to pay a software fee. I started a thread on the subject a couple of days ago when I was adding the software to a new computer and discovered this new surprise.

 

[nononsense]

Quote from Arbitrageur:

I'm trading own-account at Refco's london office for $1.10 round turn on CME instruments, non-member rate.

Hi Arbitrageur,

You wrote: "I'm trading own-account at Refco's london office".
In howfar is your rate linked to this geographical location? Could you one day pick up your ball and move to any place in the world while keeping the possibility to trade on this Refco account at your location of choice?