High-volume traders of CME future products can take advantage of reduced exchange fees on each trade they make, leasing an IOM seat, or buying an IOM seat. For example, normally, retail traders pay $2.46/rt in exchange fees and $.04/rt in NFA fees for an Emini S&P trade. As an owner or lessee of a CME seat trader does not pay any NFA fees and enjoys the reduced exchange fees below. Please contact us for further information about CME membership or for application.
CME IOM Lease Seat
$250/month cost (as of February 2023, for current rates click here)
- 3 month minimum term
- No minimum trade requirements
- Emini S&P futures exchange fee is:
- $0.92/rt for 0 – 75 RTs/day
- $0.55/rt for 75.5 – 750 RTs/day
- $0.47/rt for 750.5 – 7,500 RTs/day
- $0.42/rt for 7,500.5+ RTs/day
CME IOM Purchase Seat
$39,000 membership cost (as of February 2023, for current cost click here)
- Membership can be sold at anytime at current market price
- No minimum trade requirements
- Emini S&P futures exchange fee is:
- $0.69/rt for 0 – 75 RTs/day
- $0.32/rt for 75.5 – 750 RTs/day
- $0.24/rt for 750.5 – 7,500 RTs/day
- $0.19/rt for 7,500.5+ RTs/day
*Low margins are a double edged sword, as lower margins mean you have higher leverage and therefore higher risk. All commissions quoted are not inclusive of any fees, unless otherwise noted. Apex does not charge for futures data, the CME charges $2-12 per month depending on the type of data you require. ApexPro is $49 per month.
ApexFutures, 311 South Wacker Drive Chicago, Suite 2280, Illinois 60606