[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

RE: CME fees vs vendor fees



PureBytes Links

Trading Reference Links

Quote.com will offer the minis free as long as the CME does, i.e., six
months. If the CME institutes a $10/customer exchange fee after six months,
something which is far from certain in my opinion, then Quote.com and other
data vendors will have to: (1) develop an additional feed; (2) absorb the
fee;(3) pass the fee to everyone; or (4) not offer the servcie. Data
providers that are bandwidth constrained, and these include satellite, side
band and VBI users, will have to opt for one of the latter three options. It
is the acknowledgement of this fact that may persuade the CME not to
institute a charge for the mini contracts when the time comes. Based on my
conservations with CME representative, I believe they haven't yet made up
their minds on what to do at the end of the trial period.

JFB
NYC

-----Original Message-----
From: Timothy Morge [mailto:tmorge@xxxxxxxxxxxxxxx]
Sent: Sunday, February 25, 2001 5:23 PM
To: scheier; Omega Users List
Subject: Re: CME fees vs vendor fees


Actually, Quote.com has already posted on the siliconinvestor boards that
they intend to make emini products that the CME is offering free available
free to people that register as using them. I'll see if I can locate the
post and post it here...

Tim Morge