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CME Fee changes 2014, significant impact
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CME Fee changes 2014, significant impact

  #171 (permalink)
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MXTrader View Post
i got confirm from Dorman. The fee is really coming. It sucks.

After March 1, 2014, NEW CME-market-data subscribers will begin paying monthly fees for CME data, according to the following fee schedule:



“Non-Professional Traders”

$5 per Exchange or $15 monthly bundle for all four (CME, CBOT, NYMEX and COMEX)



“Professional Traders”

$85 per Exchange or $340 monthly for all four Exchanges (NO bundled pricing offered)

Also heard you can purchase one exchange if that is all you need. i.e. CME for ES/NQ.

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  #172 (permalink)
Trading Apprentice
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MXTrader View Post

“Non-Professional Traders”

$5 per Exchange or $15 monthly bundle for all four (CME, CBOT, NYMEX and COMEX)



“Professional Traders”

$85 per Exchange or $340 monthly for all four Exchanges (NO bundled pricing offered)

Hi guys,

do your brokers offer buying only one or two Exchanges or you have to pay for a bundle, even if you do not use them all?


Thanks!

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  #173 (permalink)
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Toronto, Canada
 
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talked to a broker, he said yes, you can only pay for one or two Exchanges .

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  #174 (permalink)
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CME to reassess data fees

CME Executive Chairman Terrence Duffy stated that “we’re taking a very judicious look at how we’re implementing this data fee and, not only the data fee, but the increase in general…if we’re missing something that we didn’t see, we’re listening to it,” in response to brokers’ criticism over fee increases that are set to raise costs for futures customers.

CME to reassess data fees

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  #175 (permalink)
Market Wizard
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MXTrader View Post
talked to a broker, he said yes, you can only pay for one or two Exchanges .

You can pay and get just the exchanges you trade on.

Matt

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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  #176 (permalink)
Market Wizard
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CME Memo 6/6/14

Bryan T. Durkin
Chief Operating Officer

June 6, 2014

In November 2013, CME Group announced that the company would discontinue the waiver for its market data fees on trading terminals. We listened to your feedback, and understand that in today’s marketplace there can be a need for a single user to access multiple screens for market data. To prevent customers from paying multiple fees for a single user, we will offer “netting,” or a pay-per-user model across our membership base. This will be available to individual members, employees of member firms and Introducing Brokers who receive data from their clearing member firm.

Members who choose to participate must contract directly with CME Group and will need to provide specific details around market data use. This program will begin in 2015.

We will be providing additional information in the coming weeks on the enrollment process. If you have any immediate questions, please contact the market data team at marketdata@cmegroup.com or at 312.634.8395.

Bryan T. Durkin

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  #177 (permalink)
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This is very...

encouraging.

This is called B.O.H.I.C.A.

Bend over here it comes again!

Next chance wldman gets to walk away can't come soon enough.

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  #178 (permalink)
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AMP is already charging my account $15/month for the new CME fees.
I had tried to stay away from any monthly platform and broker fees but looks like can't get out of this one now.

My TDA account is still monthly-less charges, because I don't have futures activated on it.
Although they had been aggressive and occasionally calling me saying they aim "to procure
my futures trading business" as well. I wish I hadn't told them I had other broker futures trading
accounts but they had asked a lot of questions..


Last edited by Cloudy; June 17th, 2014 at 01:21 AM.
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  #179 (permalink)
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so if i only want cme data i should pay 5usd and not 15usd.

i also read, you can get only the "top of the book" , which reduces the fees from 5usd to 1usd!

anybody can confirm this?

i dont use orderbook, so top of book would be ok for me.

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  #180 (permalink)
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Only View Post
so if i only want cme data i should pay 5usd and not 15usd.

i also read, you can get only the "top of the book" , which reduces the fees from 5usd to 1usd!

anybody can confirm this?

i dont use orderbook, so top of book would be ok for me.

I'd like to know the difference too, I never asked my broker. I assume you don't get to see the orders on the depth? How would this affect someone trading off of charts from the dom who doesn't need to know where all the other orders are?

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