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CME Fee changes 2014, significant impact


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CME Fee changes 2014, significant impact

  #1 (permalink)
 
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 Big Mike 
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See:
https://www.cmegroup.com/company/files/2014-fee-changes-summary.pdf

This was the proposal. My understanding there has been a lot of push back, so we may not see all these changes.



The $15 per platform per user fee could be a problem for some traders (or their brokers).

Mike

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  #3 (permalink)
 
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 Big Mike 
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CME Group stands by fee hikes as brokers protest - chicagotribune.com

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 Big Mike 
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If you are a professional, they want $85 per platform, per exchange, per month in new platform fees.

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Data Fees Kick [AUTOLINK]CTAs[/AUTOLINK] and IBs When They're Down | Dan Collins Report

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 Big Mike 
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https://dancollinsreport.com/assets/Leslie_Rosenthal-letter-to-Futures-Market-Participants.pdf



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  #7 (permalink)
 
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 Big Mike 
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https://www.cmegroup.com/market-data/distributor/files/market-data-policy-changes-2014.pdf



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 Big Mike 
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If I read it right, they are discontinuing the CME fee waiver program as well.

Maybe @Robert Carrillo can confirm if I've interpreted that right.

Mike

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 Cogito ergo sum 
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Time to buy some CME stock

This is one way to gain some revenue growth assuming that there won't be a substantial reduction in volume.

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  #10 (permalink)
 
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 Big Mike 
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Rebuttal from Carley Garner @decarleytrading, posted with permission



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