GLOBEX® Fee Reductions

Discussion in 'Index Futures' started by Sergio_NYC, Aug 15, 2003.

  1. The cme announced a GLOBEX Fee Reductions by 35 percent...
    How long it takes to get the reductions /if any/ for IB traders??
    For more information -

  2. Pabst


    The CME is NOT CUTTING the fee's for outright ES and NQ trades. Only rollover, i.e. calendar spreads. There are also some fee cuts in ED futures, a contract that despite being the world's volume leader trades little on Globex. (It's the LAST RTH, exclusively open-outcry financial contract left). Thus IB won't be saving much money by the new fee structure. Certainly nothing that demands any type of commission cut.