Alliance will be $0.14 over exchange to begin I believe. 1-25k would be $1.02 per round turn all in 25k-75k $0.92/rt 75k-150k $0.82 150k-250k $0.72 250k+ $0.62 I say this but Alliance clear through Fortis and when I last traded CME through them they had to clear through the Chicago office and added a premium for that of $0.15/rt. I am meeting the chap starting Alliance today so I will ask him to confirm.
So Refco Trading services is paying 0.60 $ RT for FX products and 0.65 $ RT for E-mini's in exchange fees, right ?
If you are subscribed to the European scheme it is as follows 1-25k 44c/side (88c/rt) 25-75k 39c 75-150k 34c 150-250k 29c 250k+ 24c If you are in US I think you get charged a lot more. Reason for te reduction here is that they need to compete with LIFFE and Eurex to tempt locals into Eurodollar...It is actually working.
Twalker, Am I right about the exchange fees RTS is paying ? see above Do they get reduced exchange fees for Eurex ?
looks like these should be exchange fees yes. Not sure this is what RTS pay, I think they may charge that to clients.