Any Futures Prop Traders/CME Seat Lessees

Discussion in 'Index Futures' started by NetProfit, May 13, 2002.

  1. Lars

    Lars

    NetProfit - I sent you a pm
     
    #11     May 14, 2002
  2. I believe that you need a seat for globex now.Good friends of mine are members and they had to adhear to the new rules at the CME. From what i understand is that A globex terminal must be inconjunction with a seat. Im not sure if one seat can have multiple Globex terminals> I can find out if you guys want. I'm on my way down to the Merk now.......
     
    #12     May 14, 2002
  3. sabena

    sabena

    What daytrading margins ca you get when leasing a seat ?
     
    #13     May 14, 2002
  4. I agree.
     
    #14     May 14, 2002
  5. Depends what country you are from ...
     
    #15     May 14, 2002
  6. rtrading

    rtrading

    Do any of you know what the competitive rates in Chicago are for trading emini's on direct access software, and the requirements for trading ( i.e. CME memberships, etc.)?

    Thanks.
     
    #16     May 14, 2002
  7. ROFL :D
     
    #17     May 14, 2002
  8. sabena

    sabena

    Just looked at www.gelbergroup.com


    Minimum to open an account 50000,-$ for futures

    E-mini ;

    non-member ; 0 - 2500 ; 4.28
    2500- 5000; 3.68
    5000-10000; 3.08
    10000-40000; 2.68
    +40000 ; 2.58

    lessee member ; 2.88
    ; 2.28
    ; 1.68
    ; 1.28
    ; 1.18

    monthly fee for lessee about 3500,-$


    To be a lessee or not ?

    from 2500 contracts a month you save money
    1.4 per contract less
     
    #18     May 15, 2002
  9. Not a good deal for volume.
     
    #19     May 15, 2002
  10. sabena

    sabena

    Metooxx,



    Tell me where I can find a better deal ....
     
    #20     May 15, 2002