Marex Trading Services

Discussion in 'Retail Brokers' started by NickBarings, Mar 1, 2006.

  1. You can open a trading account (minimum 20000 Pound)
    with those guys and trade
    at reduced exchange fees however they claim you have
    a segregated account , is this possible ?



    2
    3 MAREX TRADING SERVICES
    4
    5
    6 New commission Scales for all products
    7
    8 Liffe Gilt, Short Sterling, Ftse, Euribor, EuroSwiss Futures
    9
    10 lots rate per lot in GBP exchange fees MAREX fee
    11 0 10,000 0.40 0.28 0.12
    12 10,000 20,000 0.37 0.28 0.09
    13 20,000 30,000 0.36 0.28 0.08
    14 30,000 40,000 0.35 0.28 0.07
    15 40,000 50,000 0.34 0.28 0.06
    16 50,000 plus 0.33 0.28 0.05
    17
    18 Eurex Bund,Bobl,Schatz futures
    19
    20 lots rate per lot in Euros exchange fees MAREX fee
    21 0 10,000 0.37 0.20 0.17
    22 10,000 20,000 0.33 0.20 0.13
    23 20,000 30,000 0.32 0.20 0.12
    24 30,000 40,000 0.30 0.20 0.10
    25 40,000 50,000 0.29 0.20 0.09
    26 50,000 plus 0.27 0.20 0.07
    27
    28 Eurex Dax future
    29
    30 lots rate per lot in Euros exchange fees MAREX fee
    31 0 10,000 0.67 0.50 0.17
    32 10,000 20,000 0.63 0.50 0.13
    33 20,000 30,000 0.62 0.50 0.12
    34 30,000 40,000 0.60 0.50 0.10
    35 40,000 50,000 0.59 0.50 0.09
    36 50,000 plus 0.57 0.50 0.07
    37
    38 Eurex Eurostoxx future
    39
    40 lots rate per lot in Euros exchange fees MAREX fee
    41 0 10,000 0.47 0.30 0.17
    42 10,000 20,000 0.43 0.30 0.13
    43 20,000 30,000 0.42 0.30 0.12
    44 30,000 40,000 0.40 0.30 0.10
    45 40,000 50,000 0.39 0.30 0.09
    46 50,000 plus 0.37 0.30 0.07
    47
    48 Eurex FSMI future
    49
    50 lots rate per lot in Swiss Francs exchange fees MAREX fee
    51 0 10,000 0.48 0.20 0.28
    52 10,000 20,000 0.41 0.20 0.21
    53 20,000 30,000 0.39 0.20 0.19
    54 30,000 40,000 0.36 0.20 0.16
    55 40,000 50,000 0.34 0.20 0.14
    56 50,000 plus 0.32 0.20 0.12
    57
    58 CBOT 30yr, 10yr, 5yr, 2yr futures
    59
    60 lots rate per lot in USD exchange fees MAREX fee
    61 0 10,000 0.41 0.19 0.22
    62 10,000 20,000 0.36 0.19 0.17
    63 20,000 30,000 0.34 0.19 0.15
    64 30,000 40,000 0.32 0.19 0.13
    65 40,000 50,000 0.30 0.19 0.11
    66 50,000 plus 0.28 0.19 0.09
    67
    68 CBOT mini Dow future
    69
    70 lots rate per lot in USD exchange fees MAREX fee
    71 0 10,000 0.59 0.370 0.22
    72 10,000 20,000 0.54 0.370 0.17
    73 20,000 30,000 0.52 0.370 0.15
    74 30,000 40,000 0.50 0.370 0.13
    75 40,000 50,000 0.48 0.370 0.11
    76 50,000 plus 0.46 0.370 0.09
    77
    78 Euronext Matif CAC future
    79
    80 lots rate per lot in Euros exchange fees MAREX fee
    81 0 10,000 0.52 0.35 0.17
    82 10,000 20,000 0.48 0.35 0.13
    83 20,000 30,000 0.47 0.35 0.12
    84 30,000 40,000 0.45 0.35 0.10
    85 40,000 50,000 0.44 0.35 0.09
    86 50,000 plus 0.42 0.35 0.07
    87
    88 CME FX, Euro Dollar, Mini equity index futures
    89
    90 lots rate per lot in USD exchange fees MAREX fee
    91 0 10,000 0.68 0.46 0.22
    92 10,000 20,000 0.63 0.46 0.17
    93 20,000 30,000 0.61 0.46 0.15
    94 30,000 40,000 0.59 0.46 0.13
    95 40,000 50,000 0.57 0.46 0.11
    96 50,000 plus 0.55 0.46 0.09
    97
    98 CBOT Gold Silver futures
    99
    100 lots rate per lot in USD exchange fees MAREX fee
    101 0 10,000 0.89 0.67 0.22
    102 10,000 20,000 0.84 0.67 0.17
    103 20,000 30,000 0.82 0.67 0.15
    104 30,000 40,000 0.80 0.67 0.13
    105 40,000 50,000 0.78 0.67 0.11
    106 50,000 plus 0.76 0.67 0.09
    107
    108 Nymex E-Mini Enegy Futures
    109
    110 lots rate per lot in USD exchange fees MAREX fee
    111 0 10,000 1.69 1.47 0.22
    112 10,000 20,000 1.64 1.47 0.17
    113 20,000 30,000 1.62 1.47 0.15
    114 30,000 40,000 1.60 1.47 0.13
    115 40,000 50,000 1.58 1.47 0.11
    116 50,000 plus 1.56 1.47 0.09
    117
    118 IPE Brent Crude Futures
    119
    120 lots rate per lot in GBP exchange fees MAREX fee
    121 0 10,000 0.55 0.43 0.12
    122 10,000 20,000 0.52 0.43 0.09
    123 20,000 30,000 0.51 0.43 0.08
    124 30,000 40,000 0.50 0.43 0.07
    125 40,000 50,000 0.49 0.43 0.06
    126 50,000 plus 0.48 0.43 0.05
    127
    128
    129 Exchange fees also cover clearing house fees and the regulators fees.

    Software fees

    TT approx £1650
    ECCO approx £1500
    RTS approx £1400


    If you do enough volume this beats everything I have
    seen so far (Transact and co)

    Any comments ?
     
  2. Xenia

    Xenia

  3. Yeah, I know but so what ? Even before the debacle, I never
    heard anybody talking about this possibility.

    Is your account really segregated with them in case you get
    those reduced exchange fees ?
     
  4. just21

    just21

    The analysts from Refco have set up a squark service available to everyone. www.ransquawk.com it is currently free.
     
  5. Just21,



    Do you have a clue about my question ?
     
  6. just21

    just21

    They have to be a General Clearing member to offer segregated accounts.
     
  7. Hello there, I'm a little confused about the rate card. When you said:

    Eurex Bund,Bobl,Schatz futures

    lots rate per lot in Euros exchange fees MAREX fee
    0-10,000 0.37 0.20 0.17

    are you saying it's Euro 0.37 per side, or Euro 0.74 a round turn all in?
     
  8. TGM

    TGM

    Marex offers Forex supposedly. Does anyone know what forex they offer (besides CME)?

    Maybe Hotspot on TT?
     
  9. I heard they are struggling with a football pitch size trading floor in london that is less that 20% occupied with mediocre traders. They better kill some costs pretty soon or fill up the 80% of empty desks with fee paying monkeys or they'll be downsizing to a more manageable cost base.

    I'd still be nervous. Seems like it just a rebranded refco. Same ole faces running the show.