What is considered a good rate? Emini's

Discussion in 'Retail Brokers' started by Knyyt, Feb 15, 2007.

  1. Knyyt


    Any advice on what is considered a good rate RT in the eminis for about 50 turns a day?

    Is 4.35 considered expensive, average, or cheap for this?

  2. i think $.90 a side as a seat holder on the CME...
  3. All fees included, broker and exchange?
  4. well if you lease a seat, you only need a clearingfirm I believe so no broker. The CME website has the fees so if you do enough volume and have enough monthly profits, it may be worth leasing a seat.

  5. Knyyt


    No, not looking to lease seat, etc,.. just looking at the retail level to try out some ideas.
  6. spinner


  7. Marex Financial in London were doing pro clearing at $0.68c a side for the electronic CME markets when I last checked in with them

    0.34c exchange fee (european incentive)
    0.10c globex fee
    0.02c NFA fee
    0.22c clearer fee
    =0.68c a side

    this was for volume upto 5000 a month, if you did more volume then the clearing fee went down to I think 0.08c for around 100k a month. No seat lease required.
  8. Contact:
    ProActive Futures
    Mirus Futures
    Open ECry

    All are competitive on retail commissions and good people behind the operation.
  9. Transact is $3.42 R/T. There is a $400/mo. platform fee, but if you do 364 or more R/T per month the fee is waived. Otherwise, the $400 is pro-rata based upon the number of R/T.