Exchange and Clearing FeesELX Model Highlights
- Simple fee schedule - No volume tiers for Eurodollar Futures or U.S. Treasury Futures
- There is no additional surcharge associated with block trades, EFP’s, give-ups or trade busts
- No shareholding or membership requirements tied to fees
Eurodollar Futures
One-Tier Fee Schedule |
Total Fee Per Side |
| 9¢ |
Estimated Annual Savings for Trading on ELX vs CME
| CME Account Type |
CME Pricing Rate Per Side1 |
Estimated Annual Savings2 for ADV of: |
| 500 |
1,000 |
5,000 |
10,000 |
15,000 |
| Customer of Member Firm / Non Member |
|
$ 1.19 |
$ 138,600 |
$ 277,200 |
$ 1,386,000 |
$ 2,772,000 |
$ 4,158,000 |
| Electronic Corporate Member |
Volume Incentive Program |
0.59 |
63,000 |
118,800 |
456,000 |
834,000 |
1,212,000 |
| Holding Member |
0.44 |
44,100 |
81,000 |
267,000 |
456,000 |
645,000 |
| Trading Member |
|
0.44 |
44,100 |
81,000 |
267,000 |
456,000 |
645,000 |
| Family of Funds |
Equity Member |
0.19 |
12,600 |
25,200 |
126,000 |
252,000 |
378,000 |
| Equity Member3 |
|
0.19 |
12,600 |
25,200 |
126,000 |
252,000 |
378,000 |
1) Beginning rate; combined execution and clearing; estimated savings include volume discounts and excludes surcharges
2) Inclusive applicable volume discounts at the CME; Assumes 252 day trading year
3) 'Electronic Corporate Members' and 'Trading Members', not for Equity Members
U.S. Treasury Futures
One-Tier Fee Schedule |
Total Fee Per Side |
| 9¢ |
Estimated Annual Savings for Trading on ELX vs CME
| CBOT Account Type |
CBOT Pricing Rate Per Side1 |
Estimated Annual Savings2 for ADV of: |
| 500 |
1,000 |
5,000 |
10,000 |
15,000 |
| Customer of Member Firm / Non Member |
|
$ 0.56 |
$ 59,220 |
$ 118,440 |
$ 592,200 |
$ 1,184,400 |
$ 1,776,600 |
| Electronic Corporate Member |
Volume Incentive Program |
0.44 |
44,100 |
88,200 |
441,000 |
882,000 |
1,323,000 |
| Trading Member |
Lease Trading Rights |
0.44 |
44,100 |
88,200 |
441,000 |
882,000 |
1,323,000 |
| Own Trading Rights |
0.31 |
27,720 |
55,440 |
277,200 |
554,400 |
831,600 |
| Family of Funds |
Trading Member |
0.31 |
27,720 |
55,440 |
277,200 |
554,400 |
831,600 |
| Equity Member |
0.21 |
15,120 |
30,240 |
151,200 |
302,400 |
453,600 |
| Equity Member |
Non Member Executing Transaction |
0.21 |
15,120 |
30,240 |
151,200 |
302,400 |
453,600 |
| Member / Delegate Executing Transaction |
0.11 |
2,520 |
5,040 |
25,200 |
50,400 |
75,600 |
1) Beginning rate; combined execution and clearing; estimated savings include volume discounts and excludes surcharges
2) Inclusive applicable volume discounts at the CME; Assumes 252 day trading year
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