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Sure you can get a discount. Try it. Everything is negotiable, especially if
you're going to be trading size.
Just tell your broker that you'll be trading 1000 lots and see what he
offers you. <g>
Good trading.
Andrew
----- Original Message -----
From: Alan Mi <ami@xxxxxxxxxxxxxx>
To: omegalist <omega-list@xxxxxxxxxx>
Sent: Tuesday, December 14, 1999 12:34 PM
Subject: E-Mini Commissions / Brokers
> Entry level futures trading question. I see commissions on
> E-mini SP500 to be about $15 per round trip. I assume that
> if I trade 3 E-Mini contracts, I have to pay 3 times of the
> commission, i.e. $45, right? It makes no difference on
> commissions for 100 shares or 1000 shares of stocks
> nowadays. I don't understand why futures contracts are like
> this, without even a volume discount. Maybe CME charges the
> brokers this way and they just pass it thru? Is there a
> brokerage that offers a break on volume? What about a break
> on 5 E-Mini that is sort of equivalent to a big SP contract?
>
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