COMEX Lessee Surcharge

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.