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I misunderstood your post. Somebody posted the monthly fees. $55 for
CME, etc. It is a monthly fee for unlimited quotes.
Steve
Bill Daniel wrote:
>
> Thanks to everyone for their responses regarding exchange fees, but I am not
> sure what some of the responses relate to. Earl indicated in his post that
> he insisted on commissions being all inclusive. The fees that I am referring
> to I think are charged by the real time data provider -- at least that seems
> to be case when you see there ads and get their quotes for providing real
> time data. Is the fee a flat monthly fee that varies by exchange? Is it
> only imposed if you receive quotes from that particular exchange? Is it the
> same whether you get 1 quote or 100 quotes?
> -----Original Message-----
> From: Earl Adamy <eadamy@xxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Wednesday, February 24, 1999 2:53 PM
> Subject: Re: EXCHANGE FEES
>
> >Add-on fees seem to be whatever they think they can charge and is a big
> >source of rip-offs ... big variation from one firm to another, one exchange
> >to another, and even one customer to another. $2-3 bucks is typical at the
> >majors, I've heard of some brokers charging fees as high as $9. Personally,
> >I insist on commission rate which is all inclusive which means no
> additional
> >charges.
> >
> >Earl
> >
> >-----Original Message-----
> >From: swp <swp@xxxxxxxxxx>
> >To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> >Date: Wednesday, February 24, 1999 11:56 AM
> >Subject: Re: EXCHANGE FEES
> >
> >
> >>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
> >
--
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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