looking to lease a seat

Discussion in 'Classifieds' started by Spectre2007, Mar 1, 2007.

  1. looking to lease a seat for a week or two intermittently throughout the year. CBOT/CME, seat must have either tbond or spooz trading rights.

    PM me.
     
  2. dac8555

    dac8555

    IB is much cheaper...but the floor is more fun.
     
  3. minmike

    minmike

    What is the seat holder supposed to do for the rest of the time. I don't think ANY seat holder would be interested in anything under a month.
     
  4. some of them head out on vacation for stretches less then a month. But most have fixed lease times of 6 months or greater ...not just a month.

    they kinda look at it like renting out a apartment they are not using. they want a income stream for 6 months or greater.

    I might have to buy a seat, and then lease it out for periods I dont intend to use it.
     
  5. There are several recent CME leases listed with a term of 1 month.


    http://www.cme.com/trading/mem/leaseprices.html
     
  6. minmike

    minmike

     
  7. lease prices have come down substantially, 10 years ago they use to be around 4-5K per month.
     
  8. Dude, man, that price is per day.
     
  9. mgarc

    mgarc

    remember that if you lease a seat, you would have to now pay self employment taxes. whether that is bigger or smaller than the commission savings you get is the determinant.
     
    #10     Mar 4, 2007