
By enrolling in the ECM Program or leasing a CME seat, exchange members can receive a 60% discount off their exchange fees (clearing and GLOBEX). Non-member exchange fees are $2.28 a round-turn for CME E-Mini products.
ECM Information
- $1,750 Membership Fee (one time charge)
- Exchange & Clearing Fees are $.98 a round turn ($0.78 Clearing plus $0.20 GLOBEX)
- No Monthly Lease Charge
- You must form a corporation, LLC, or partnership with state (filing fees vary from state to state)
- ECM PROGRAM EXPIRES IN DECEMBER 31st 2007
- Once ECM program expires, you have three options:
- Must lease two (2) seats, OR
- Must purchase one (1) seat OR
- Revert back to non-member exchange pricing ($2.28 a round-turn)
Individual Lease Information
- $1,750 Membership Fee (one time charge)
- Must lease one (1) seat
- Exchange & Clearing Fees:
- 0-200 contracts/day - $0.92 a round turn: Exchange Fees are $0.46 a side / $0.92 a round turn, if you trade less than 200 contracts per day, per product ($0.42 Clearing plus $0.50 GLOBEX)
- 201 + contracts/day - $0.42 a round turn: Exchange Fees are $0.21 a side / $0.42 a round turn, with a $50 cap on GLOBEX Fees once you trade more than 200 contracts per day, per product. The first 200 contracts are always billed at $0.46 a side / $0.92 a round turn.
- Monthly Lease Charge (Fluctuates Daily):
- IOM Seat Lease: Approximately $900/mth
- IMM Seat Lease: Approximately $1600/mth