I try to keep my trades under the 390 threshold, but have gone over on 2-3 occasions with TD/Schwab. 2) has anyone had this happen to them, and what were the consequences? a) how much were the increased data fees Data fees were left unchanged. b) how was the order routing changed My orders were excluded from using their smart router and were sent directly to exchange for the remainder of the quarter and also excluded from price improvement c) what other actions changed Seemingly couldn't be filled on orders unless I crossed over the midpoint https://support.tastytrade.com/support/s/solutions/articles/43000435379[/QUOTE]
Why is that special? It happened to several people here. You can even reach that amount when entering orders manually. Not to speak of people who use an API or specific pegged orders (i.e. some pegged orders are also counted).
Does the 390 Rule apply to Futures Options at CME? If so does it only apply at the brokerage level or also at CME? Brokerages come in different sizes, some may have tons of Futures Options trade while others have fewer.