CME Fee changes 2014, significant impact

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Updated April 13, 2015

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CME Fee changes 2014, significant impact

December 3rd, 2013, 04:24 PM

#1 (permalink)

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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December 3rd, 2013, 04:35 PM

#3 (permalink)

Big Mike

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CME Group stands by fee hikes as brokers protest - chicagotribune.com

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December 3rd, 2013, 04:36 PM

#4 (permalink)

Big Mike

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

Mike

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December 3rd, 2013, 04:37 PM

#5 (permalink)

Big Mike

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Data Fees Kick CTAs and IBs When They're Down | Dan Collins Report

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December 3rd, 2013, 04:39 PM

#6 (permalink)

Big Mike

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

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December 3rd, 2013, 04:42 PM

#7 (permalink)

Big Mike

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https://www.cmegroup.com/market-data/distributor/files/market-data-policy-changes-2014.pdf

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December 3rd, 2013, 04:44 PM

#8 (permalink)

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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December 3rd, 2013, 04:48 PM	#9 (permalink)
Cogito ergo sum Amsterdam Elite Member Experience: None Platform: QuickStrike, CTS Trading: Derivatives Posts: 195 since Jul 2010 Thanks Given: 227 Thanks Received: 214	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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December 3rd, 2013, 05:00 PM

#10 (permalink)

Big Mike

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Rebuttal from Carley Garner @decarleytrading, posted with permission

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