GLOBEX Advisory Notices
To |
From | Chicago Mercantile Exchange
Subject | Changes in CME Options Fee Schedule
Notice Date | 2004-07-30
Notice Number | 073004-1
Effective Date |
Dear Chicago Mercantile Exchange Customers, The following fee schedule for electronically traded Eurodollar options will be implemented with the launch of CME's Enhanced Options System (EOS) on August 2, 2004. These prices will apply to options traded on the EOS platform as well as those traded on GLOBEX®.
| Trading System fee/side | Clearing fee/side*
Equity Clearing Members | $.25 | $.08
Lessee member 106.D & F employees | $.15 | $.29
106H and 106N Members | $.10 | $.34
106R Electronic Corporate Member | $.10 | $.34
Non-Member | $.55 | $.64
European Incentive Program | N/A | $.44
Asian Incentive Program | $.10 | $.34
LMM (PMM) | $0 | As per membership
RMM | $.10 | As per membership
For more information regarding electronic Eurodollar option trading fees, please contact Peter Barker, Director, CME Interest Rate Products, at (312) 930-8554. Thank you, Chicago Mercantile Exchange * Existing clearing fee tiers apply