thoughts on commissions in futures

Discussion in 'Index Futures' started by coolweb, Jul 2, 2005.

  1. ids

    ids

    That is not our commissions.
     
    #31     Jul 6, 2005
  2. Unbundled Fees:
    Execution fee/contract*

    For ....<=300 $0.90 per side
    For ....300-1000 $0.70 per side

    Other brokers can offer $0.50 per side with no volume
    commitment
     
    #32     Jul 6, 2005
  3. What are these brokers?
     
    #33     Jul 6, 2005
  4. example Flash futures offers $1.9 per side
    with CQG Trader

    commission $0.50
    platform $0.25
    exchange,clearing ,nfa 1.16
    -----------------------------------------
    $1.90


    I don't want to name other brokerages, because their
    pricing structure in negotiable, and they like to charge
    higher when they can.

    It's your job to negotiate this, and i guarantee that this
    is what current rate with 90% out there.

    Plus good service, somthing IB can't offer
     
    #34     Jul 6, 2005
  5. Transact future who sponsor here, also offers $1.70
    if you do 300 something roundturn a month (with 2
    contracts it's easy 150 somthing roundturns a month)
     
    #35     Jul 6, 2005
  6. Thanks for the reply, does the above quote require additional monthly fee? Flash future is an IB of Alaron, which doesn't offer Eurex for CQG. Among major FCMs, only Refco offers it.
     
    #36     Jul 6, 2005
  7. ANCHOR

    ANCHOR

    The prices I listed were for commodity futures, including pit-traded futures less the CQG fee. They are not the prices I pay to trade index futures, and they are not from IB. I really only listed them to show that the .50 per-roundturn is only the CQG fee and it's charged on top of your broker commissions.
     
    #37     Jul 6, 2005
  8. I need to correct my previous statement, FCM does have commission on top of CQG fees.
     
    #38     Jul 7, 2005
  9. milstar

    milstar

    Gentlemen

    4 $ per roundturn for es,er,en,eym is good ? Or ?
    what about
    a.ce,qm,zg
    b. ed
    c. ec

    Author would very pleased for answer.
     
    #39     Jul 22, 2005
  10. Xenia

    Xenia

    Really ? Then how do they make money ?
     
    #40     Jul 22, 2005