Curious

If you own or lease a seat on the CME, what is the round turn cost per contract for the ES/NQ?

I am currently taking 6 to 10 trades per day through IB, and trade 30 contracts per turn, and am trying to inch the size up gradually.

 

You can find some of the info you are looking for at these CME links:

Trading fees

http://www.cme.com/trd/mem/benefitmem3425.html


Lease Prices

http://www.cme.com/trd/mem/leaseprices.html


Ownership prices

http://www.cme.com/trd/mem/shareprices.html

 

thanks...great info (and cheap!)

 

so you ever have a problem getting off 30 contracts at a time? or do you scale in and out.

 

There is usually 500-1000 on the bid/ask. At least 1500-2000 total 1 level away most of the time. So 30 is nothing, or a lot if you are trying to get filled in a fast market, as is 1 lot.