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NFA fees reduced effective Oct 2014


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NFA fees reduced effective Oct 2014

  #1 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
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Notice to Members I-14-12
May 28, 2014
NFA Board of Directors approves reduction in assessment fees

On May 15, 2014, NFA's Board of Directors approved a reduction in NFA's assessment fees from $.02 per side (futures & options contracts) to $.01 per side. Assuming the proposal is approved by the CFTC, the reduction will become effective on October 1, 2014.
The Board felt, based on recent trends in public trading volume growth, that this fee reduction may be sustainable for a few years. Obviously, the trend in trading volume may change, which could either shorten or lengthen the amount of time that this fee can be maintained.
For additional information please contact NFA's Information Center at (800) 621-3570 or (312) 781-1410.

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  #3 (permalink)
 
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 tturner86 
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SMCJB View Post
Notice to Members I-14-12
May 28, 2014
NFA Board of Directors approves reduction in assessment fees

On May 15, 2014, NFA's Board of Directors approved a reduction in NFA's assessment fees from $.02 per side (futures & options contracts) to $.01 per side. Assuming the proposal is approved by the CFTC, the reduction will become effective on October 1, 2014.
The Board felt, based on recent trends in public trading volume growth, that this fee reduction may be sustainable for a few years. Obviously, the trend in trading volume may change, which could either shorten or lengthen the amount of time that this fee can be maintained.
For additional information please contact NFA's Information Center at (800) 621-3570 or (312) 781-1410.

I'll take it.

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  #4 (permalink)
 artemiso 
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SMCJB View Post
Notice to Members I-14-12
May 28, 2014
NFA Board of Directors approves reduction in assessment fees

On May 15, 2014, NFA's Board of Directors approved a reduction in NFA's assessment fees from $.02 per side (futures & options contracts) to $.01 per side. Assuming the proposal is approved by the CFTC, the reduction will become effective on October 1, 2014.
The Board felt, based on recent trends in public trading volume growth, that this fee reduction may be sustainable for a few years. Obviously, the trend in trading volume may change, which could either shorten or lengthen the amount of time that this fee can be maintained.
For additional information please contact NFA's Information Center at (800) 621-3570 or (312) 781-1410.

Not sure why this isn't bumped up more, I was going to post it myself to make sure others are aware of the upcoming change and not being charged 1c more for "all-in" trading fees.

Reminder notice on Sep 17, 2014: Reminder — [AUTOLINK]NFA[/AUTOLINK] assessment fee reduction will become effective on October 1, 2014

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Last Updated on September 27, 2014


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