Does anyone know where can I get the lowest comission on Liffe's Euribor futures contract. I do 10 000+ r/t per month. Thanks Andy
Andy, Call Ffasttrade, Advanced futures and Velocity futures. See who offers the best rates.(Keep in mind platform charges) All solid firms. http://www.ffasttrade.com http://www.advancedfutures.com http://www.velocityfutures.com Hope this helps
I'm based in the UK so if you're US then I can't help you except to suggest the obvious clearers e.g. Refco etc. As a comparison, my clearer charges £0.25 per side for the first 5000 per month, then £0.20 up to 10,000, then £0.12 up to 20,000 and £0.08 above that. Obviously there's exchange fees on top of that which IIRC are £0.28 per side.
I don't think that's a necessarily bad rate you're getting right now. Especially if you are carrying positions overnight.