Professional advantage against retail

Discussion in 'Index Futures' started by ssss, Feb 12, 2007.

  1. ssss

    ssss

    Rates - Retail & Professional
    Open E Cry, LLC is pleased to offer a simple, gimmick-free rate structure for retail traders and an aggressive rate table for professional traders. We have put this together offering some of the lowest rates in the industry. This rate structure combined with our cutting edge technology at no cost clearly makes OEC the first choice with active traders.

    Retail Traders
    If you are an active futures trader who would like to open an account with Open E Cry LLC to take advantage of our superior technology and industry leading service and support and you meet the requirements listed below:

    $5,000 account minimum required
    No minimum trades per month
    We are pleased to offer you the following rates (per side) which include all exchange and regulatory fees:

    eMini Indices
    $2.31
    All in Per Side
    ER2, ES,YM, NQ, EMD
    Elec Currencies
    $2.77
    All in Per Side
    6A, 6L, 6B, 6C, 6E, 6J, 6M, 6N, 6R, 6S, 6Z, RP, RY, RF

    Financials
    $1.73
    All in Per Side
    ZN, ZB, ZF, ZQ, ZT
    eCOBT Metals
    $2.23
    All in Per Side
    ZI, ZG


    Group Contracts All in Per Side
    Mini Currencies E7, J7 $2.02
    Pit Currencies AD, BR, BP, CD, EC, JY, MP, NE, RU, RA, SF $3.87
    Dollar Index DX $5.39
    ICE Energies NSEA-M, NSEA-Q , NSEA-Y, ARA-M, ARA-Q, NYH-M, NYH-Q,
    WTI-M, WTI-Q, WTI-Y $1.99
    Mini Energies QM, QH, QG $2.37
    Energies (Elec Physical Settled) GCL, GHO, QU, GNG, GRB, GHU $2.67
    Energies (Elec Cash Settled) WS, BH, RT $2.67
    Nat Gas (Elec Cash Settled) HH, HP $3.77
    Energies (Pit) CL, HO, NG, HU $5.12
    Financials (Pit) TY, TU, US, FV, ED, FF, EM, MB $3.98
    Eurex Financials FGBM, FGBL $1.49
    LIFFE Financials FEU3, ER, GLTL $2.07
    Other Financials GE, JGB, GLB, YE, ZU $2.73
    Mini Grains XC, XK, XW $3.73
    Grains (Elec) ZC, ZE, ZO, ZR, ZL, ZS, ZM, ZW $2.98
    Grains (Pit) C, AC, O, RR, BO, S, SM, W $4.18
    Grains (Pit KC and MN) KW, MW $5.82
    Indices (Pit) DD, CR, DJ, ND, NK, RL, SP, MD $5.55
    Indices (Elec) ZDJ, ZND, NKD, NIY, ZRL, ZSP, SMD $3.95
    Eurex/LIFFE Indices FDAX, FESX, FSTX, FTSE $1.89
    Meats (Elec) GF, HE, LE, GPB $3.31
    Meats (Pit) FC, LH, LC, PB $4.91
    Metals (Pit) AL, HG, PA, GC, PL, SI $5.12
    Mini Metals QC, QO, QI, ZYG, ZI $1.98
    Metals (Elec) QS, QT, QR, GHG, GGC, LK, LA, LZ, GPA, GPL, GSI $2.62
    Softs (Pit) CC, KC, CT, LB, OJ, SB $5.91

    Positions held overnight will incur a charge of $0.20/per contract

    --------------------------------------------------------------------------------


    Professional Traders
    Don’t be fooled by other brokers offering LOW rates but HIGH monthly software fees or minimum usage requirements. We believe you’ll agree our software, service and support are the best. And as always, there are NO monthly software fees or minimum usage requirements. If you are a professional trader looking for a firm that understands your needs and offers trading tools, rates, service and support specifically tailored to high volume professional traders and meet the minimum requirements listed below:

    $50,000 account minimum required
    NO minimum trades per month
    NO software fees
    Take advantage of these great rates and find out what our current professional traders already know. We get it.

    All Electronic Contracts: All applicable exchange and NFA fees plus:

    Sides/Month Rate
    From To
    0 2499 $0.75
    2500 4999 $0.70
    5000 9999 $0.65
    10000 14999 $0.60
    15000 19999 $0.55
    20000 49999 $0.45
    50000 99999 $0.25


    The following table represents the "All in" professional rates for selected contracts based on the table above:

    Contracts (Rates all in, no additional fees)
    Sides/Month ER2, ES, NQ, EMD ZN, ZB, ZF, ZQ, ZT,
    ZI, ZG 6A, 6L, 6B, 6C,
    6E, 6J, 6M, 6N,
    6R, 6S, 6Z, RP,
    RY, RF ZI, ZG
    From To
    0 2499 $1.91 $1.31 $2.35 $1.81
    2500 4999 $1.86 $1.26 $2.30 $1.76
    5000 9999 $1.81 $1.21 $2.25 $1.71
    10000 14999 $1.76 $1.16 $2.20 $1.66
    15000 19999 $1.71 $1.11 $2.15 $1.51
    20000 49999 $1.61 $1.01 $2.05 $1.41
    50000 99999 $1.41 $0.81 $1.95 $1.31

    The rates in this table will be applied progressively based on volume.
    All Pit Contracts: All applicable exchange and NFA fees plus: $1.20
     
  2. john12

    john12

    $2.31 retail per side is a crap rate. you can be blind now and get $4 r/t
     
  3. ssss

    ssss

    john12


    02-13-07 12:33 AM

    $2.31 retail per side is a crap rate. you can be blind now and get $4 r/t

    some companies alsov offer 3.25 $ per R/T ,but in this situation
    retail would lose to professional wiht 1.5 per R/T
     
  4. bidask

    bidask

    for professionals trading up to 1250 round-turns per month, the commission is $1.50 per round-turn. is this correct?
     
  5. ssss

    ssss

    bidask


    02-13-07 10:30 AM

    for professionals trading up to 1250 round-turns per month, the commission is $1.50 per round-turn. is this correct?
    ##################
    Above was comparsion of offer of Openecry

    For professional 0 trades per motnh 1.5$ R/T
    but demand 50000$

    Openecry need a money from clients and give advantage
    for clients with great capital agaisnt clients with small
    (5000'$) .Offer of openecry for small clients is some 4-4.32 $ R/T
    for 5000$ .Exist offer some 3.25$ for R/T

    But with 1.5 $ R/T professional would win against retail sector