Fee jump could dampen US trading tactics, volume

Discussion in 'Wall St. News' started by seasideheights, Mar 28, 2009.

  1. jnorty

    jnorty

    jeb i trade against t bills which gives me 500k sipc coverage( a tbil is considered a security and most firms allow you to day trade with 90-95% of the t bil on a day trading basis). Jeb outside owning a seat for $317k the cheapest cme fees before clearing is 42 cents r/t? Add in what 20 cents r/t to clear 40k r/t's a month and we're at 62 cents.so add in a daily cap of $50 and thats it? are there any other fees for a leased seat?
     
    #41     Mar 29, 2009