I found a file from CME(attached) - on page 3 it shows actual exchange fees charged by CME to member firms and individual members - for example micro e-min index (like MES)options has 0.01$ fees per side per contract.
On page 4 it shows volume discount offered by CME - it shows volume discount on e-mini equity futures and options to both member firms and individual members. But it does not show any volume discount on micro e-mini equity futures or options.
So I assume on micro products like MES - they don't give any volume discount.
Also what is an example of member firm and what is an example of individual member?
On page 4 it shows volume discount offered by CME - it shows volume discount on e-mini equity futures and options to both member firms and individual members. But it does not show any volume discount on micro e-mini equity futures or options.
So I assume on micro products like MES - they don't give any volume discount.
Also what is an example of member firm and what is an example of individual member?