Can we be a member of CME all using the IB broker and benefit from the reduction of the members' com

Discussion in 'Trading' started by trader221, Jul 11, 2020.

  1. bone

    bone

    Yeah but you can deduct the cost of the seat as a business expense.

    I've done it and every CME seat holder has done it.

     
    #11     Jul 13, 2020
  2. tiddlywinks

    tiddlywinks

    Of course. And there may be additional deductions available as well.

    My "just saying" post was merely to bring to light that determining volume breakeven may be easy, but is NOT the only calculation or consideration one needs to take into account when purchasing/leasing an exchange seat.
     
    #12     Jul 13, 2020
    drm7 and bone like this.