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Re: CME Seat



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sorry,
I noticed in the last note that I said if there are lots of seats, seats run
high - I should have said  low.
tom
-----Original Message-----
From: Tom Rehberger <trehberger@xxxxxxxxxx>
To: Sigstroker@xxxxxxx <Sigstroker@xxxxxxx>; Omega-list@xxxxxxxxxx
<Omega-list@xxxxxxxxxx>
Date: Monday, September 14, 1998 7:24 AM
Subject: Re: CME Seat


>Seat leases are based on supply and demand. If there are alot of seats
>available for lease then leases run high. Right now the leases are tight as
>locals are selling seats to protect equity and leasing a seat to trade.
>Tom
>PMB Inc
>-----Original Message-----
>From: Sigstroker@xxxxxxx <Sigstroker@xxxxxxx>
>To: Omega-list@xxxxxxxxxx <Omega-list@xxxxxxxxxx>
>Date: Monday, September 14, 1998 12:44 AM
>Subject: Re: CME Seat
>
>
>>I would imagine the equivalent of the money that can be made in a year.
>>Probably a helluva lot. You might check with one of the smaller exchanges,
>>their seats are much cheaper.
>>
>>In a message dated 98-09-13 20:52:04 EDT, robertwc@xxxxxxxxxxxxxxxxxx
>writes:
>>
>>> Anybody know the cost of renting a CME seat for a year.
>>>