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Exchange and Clearing Fees

ELX 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
 


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