Minimum Round Turns per month

Discussion in 'Retail Brokers' started by dberliner, Jul 7, 2008.

  1. Hello,

    I'm currently in advanced negotiations with several IB's for futures.

    Part of the deal with some appears to be a minimum amount of contracts traded per month, for the rate quoted.

    I'd like to know how this thing works with some of the more experienced people around here with such matters, as currently I do not trade under such conditions.

    If I happen to have one, or lets say even two months, where I'm slightly under that minimal threshold, do you get warned? Do they bump up your rate one-sidedly? Does this condition has any merit? Nothing in my contract with the firm mentions another rate in case I don't reach the threshold. Do they inquire and condition about that just so that they can assess my volume to feel more comfortable giving me a slightly better rate, and in reality will not alter my rate?

    Thanks everyone!

    D. Berliner