question for members/lessees of an exchange

Discussion in 'Professional Trading' started by mgarc, Apr 23, 2006.

  1. mgarc


    i have a question for those who own or lease a seat in an exchange.

    according to robert green

    people who are members of an exchange get charged "self-employment tax". as opposed to other types of traders that are exempt from this.

    is this in fact true?

    that would be a big issue as it would take away the benefit of lower commission rates altogether.

    any info/feedback would be appreciated.