Active Traders

Discussion in 'Trading' started by ISX Markets LTD, Mar 19, 2004.

  1. We are launching a new futures service for the ACTIVE TRADER. We would like to know if there is demand for such a service.
    Our commissions will be as follows;

    EUREX

    0 - 10,000 lots EUR 0.50 per lot
    10,001 - 20,001 lots EUR 0.30 per lot
    20,001 + lots EUR 0.20 per lot

    LIFFE

    0 - 10,000 lots £0.45 per lot
    10,001 - 20,001 lots £0.30 per lot
    20,001 + lots £0.20 per lot

    CBOT & CME

    0 - 25,000lots $ 0.90 per lot
    25,001 + lots $ 0.50 per lot

    these rates are exclusive of exchange fees.

    If you trade FTSE Futures on life you would be charged £0.28 exchange fee per lot + £0.45 ISX fee per lot. Round turn = £1.46

    Platform J-Trader (monthly fee to be advised)

    ISX will require a minimum monthly income of £500 (exclusive of exchange or third party fees) or currency equivalent within 3 months of trading.