CBOT to Reduce Transaction Fees for U.S. Treasury Products

Discussion in 'Financial Futures' started by Xenia, Feb 3, 2004.

  1. Perhaps Eurex does not compete with the CME directly (do not offer the same products)?
     
    #11     Feb 5, 2004
  2. They could offer currency futures, unless CME
    somehow managed to register a "(TM)" for them. :D
     
    #12     Feb 5, 2004
  3. IB won't lower their fees on bundled. But it will be lowered on unbundled fees (from IB management)
     
    #13     Feb 5, 2004
  4. If CME lowers ES/NQ fees, then the IB unbundled fees turn attractive. However I doubt they'll do that, since there is no competition to ES/NQ, neither on CBOT or on Eurex.
     
    #14     Feb 5, 2004
  5. yep thinking the same.

    But as CBOT was not supposed to offer EUREX products, maybe EUREX US will extend and offer future on YM, DAX and ESTX50...In this case, prices will drop.
     
    #15     Feb 5, 2004
  6. The thing is that speculators in general may find it more attractive to trade the YM, which is very related to the NQ/ES, because the fees on the YM are much lower. Prop firms and such, may encourage traders to stick to the YM, rather than NQ/ES. I believe CME is aware of that.

    Well, we'll wait and see.. let them kill each other..
     
    #16     Feb 5, 2004
  7. does anyone know what the new "unbundled" commission prices will be for the CBOT ZN and ZB treasury futures??? thanks
     
    #17     Feb 11, 2004
  8. On this part, on the other end, I don't agree. I think it may take a long long time until NQ & ES which are very active Pit contracts be threatened...

    On the other question, ZB&ZN: exchange fees are 0.3usd per side so do you own calculation. It will for sure be more interesting to trade it with unbundled fees. I am still waiting for the calculator on IB website, they changed the presentation of commission page already
     
    #18     Feb 11, 2004