• COMEX Lessee Surcharge

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-4913
      • Notice Date
      • 24 June 2009
      • Effective Date
      • 24 June 2009
    • Please be reminded that in addition to trading fees for members, the following surcharges shall continue to apply to the lessees of regular trading privileges on the COMEX Division:



      a.    Twelve and one-half cents ($0.125) (twenty-five cents ($0.25) per round-turn) on each futures contract and each options contract purchased or sold for the personal account of a COMEX lessee or for an account controlled by the COMEX lessee (i.e., customer type indicator CTI #1); and


      b.    Fifty cents ($.50) (one dollar ($1.00) per round turn) on each futures contract and each option contract bought or sold by a COMEX lessee for the house account of the COMEX lessee’s clearing member (i.e., customer type indicator CTI #2), for the account of another member present on the floor or an account controlled by such other member (i.e., customer type indicator #3), or for the account of any other type of customer (i.e., customer type indicator CTI #4), provided that such surcharge shall not apply to contracts traded by a COMEX lessee who is one (1) of no more than two (2) bona fide employees of a COMEX member firm leasing memberships for the purpose of executing trades for the account of the COMEX member firm and/or its customers and as registered with the Membership Department.



      Inquiries regarding the aforementioned may be directed to Donna Talamo at (212) 299-2372.