Why does CME IOM seat price keep going down? - Emini and Emicro Index Futures Trading | futures io social day trading
futures io futures trading

Why does CME IOM seat price keep going down?
Updated: Views / Replies:1,856 / 3
Created: by panz Attachments:1

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

Why does CME IOM seat price keep going down?

  #1 (permalink)
Naperville IL
Trading Experience: Intermediate
Platform: MC.NET,Zorro,SC,TT,TWS
Broker/Data: IB, OANDA, IQFeed
Favorite Futures: Futures, FOREX, Options, Stocks & ETFs
Posts: 10 since Apr 2015
Thanks: 2 given, 5 received

Why does CME IOM seat price keep going down?

Hi guys,

I mainly work on ES. Since the current trading style I am investigating is scalping like (over 100 contract round turns a day), I am looking into leasing or buying a CME IOM division seat to save on exchange fees.

For CME Individual Membership, here's the list of divisions, and current and historical pricing of a seat. If one only trades equity index futures, IOM division is sufficient.

If you plot out CME IOM seat sale price since year 2000, it looks like the following (most recent sale @ $55,000):
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

My question is: why IOM seat price kept decreasing like this... I can understand the peak and crash in 2007-2008; I can understand that low price continues until end of 2014 - volatility was way too low. However, there was big volatility starting from 2015 til today, but why traders are still not that interested in a seat? Is HFT market makers so powerful that few non-HFT players ever scalp today? Or is recent volatility too wild to tame? Or is it related to CME closing future pits? Any other thoughts?

I ask because if the reason is temporary and seat price will increase again, this may be a good time to invest in a seat instead of leasing. Leasing today is cheap ($300/month) but price will go up if seat price goes up in the future ($1k to 2k/month was once normal price). However, if the seat price keeps dropping, one should opt for leasing.

So, this is not unlike making a decision about housing: to own or to rent, that's the question.

Any information/idea is welcome. Thanks!!!

Reply With Quote
The following 3 users say Thank You to panz for this post:
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

  #3 (permalink)
Legendary Market Chamois
Chicago, IL
Trading Experience: None
Platform: NT8,NT7,TWS,FOREX.COM app
Broker/Data: InteractiveBrokers, NinjaTrader Brokerage FOREX.COM, IQFeed
Favorite Futures: The one I'm creating in the present....ES, ZF, ZN, ZB, FX pairs
Blash's Avatar
Posts: 2,016 since Nov 2011
Thanks: 6,309 given, 3,675 received

Why does CME IOM seat price keep going down?

panz View Post
Hi guys,

My question is: why IOM seat price kept decreasing like this...

Any information/idea is welcome. Thanks!!!

Gut intuition heart soul intellect all of which I listen intently too tells me it's just the "market" yet again. Many forces at work boiled down into what you are seeing... A beautiful thing... Man I love this stuff so simple yet so immensely complex in the same breath....IMHO one can offer this or that reasoning which might sound convincing as to supply and demand fundamentals but proving it might be near impossible and not really all that helpful. If it fits your business go for it. Test it out for a year.


Sent from my iPhone using Tapatalk

It is an axiomatic fact that while you meditate you are speaking with your own spirit. In that state of mind you put certain questions to your spirit and the spirit answers: the light breaks forth and the reality is revealed.
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Blash for this post:
  #4 (permalink)
Posts: 6 since Dec 2011
Thanks: 2 given, 1 received

I have no idea, why the seats going down, maybe less serious traders ?
Shoot thought I got a seal on a IDEM seat, now could have got for lower, soon just the application for CME will be more than a IDEM seat !!

Reply With Quote


futures io > > > > Why does CME IOM seat price keep going down?

Upcoming Webinars and Events (4:30PM ET unless noted)

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now

Using Order Flow Analysis & Longer Term Trading w/John @ No BS Trading

Elite only

Similar Threads
Thread Thread Starter Forum Replies Last Post
Question on CME Price Banding? Ming80 Traders Hideout 6 January 24th, 2016 11:10 AM
CME settlement price calculation bob304 Traders Hideout 19 June 18th, 2015 09:09 PM
CME seat supply TickedOff Traders Hideout 2 December 11th, 2014 09:16 PM
IOM seat lease jdox Emini and Emicro Index Futures Trading 3 August 2nd, 2014 04:40 PM
Democrats are Downsizing Obama’s big speech from 74,000-seat to 20,000-seat arena Victory Trader News and Current Events 1 September 4th, 2012 08:53 PM

All times are GMT -4. The time now is 04:12 AM. (this page content is cached, log in for real-time version)

Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts