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He is talking about fees for a given trade. They range from a little
over a buck I think to about $3 per contract per roundturn. Also, emini,
globex, night trading tend to be extra too.
Peter Iovanella wrote:
>
> Here are current exchange fees for futures, as far as I know:
>
> CME: $55
> CBOT: $60
> NYMEX: $55
> CEC: $88
> COMEX: $55
>
> Stock Exchanges are much less expensive (and much more sane) than Futures
> exchanges, but I'll defer to someone else for the details since I ain't got
> 'em.
>
> Peter
>
> -----Original Message-----
> From: Bill Daniel <bogeybunky@xxxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Wednesday, February 24, 1999 1:19 PM
> Subject: EXCHANGE FEES
>
> >All the ads quoting realtime fees always say plus exchange fees. Can
> >someone summarize what these fees amount to and how they are calculated?
> >Or direct me to a source? Thanks.
> >
> >Bill
> >
> >
> >
--
Steven W. Poser, President
Poser Global Market Strategies Inc.
http://www.poserglobal.com
Tel: 201-995-0845
Fax: 201-995-0846
Email: swp@xxxxxxxxxxxxxxx
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