Electronic Corporate Member (ECM 106.R)
The CME has for the past several years offered a reduced Exchange rate to corporations and LLCs that trade an average of at least 50 contracts per day during each quarter. The ECM rates are available to a single trader or a prop group. The program is currently in effect and has been renewed annually ECM Q&A. The application fee is $2,000.
The CME offers a number of “Incentive Programs”, directed at different parts of the world. The incentive programs offer fee waivers or reductions to new traders from locations where the CME has yet to make inroads. There is a new for Latin America to coincide with the launch of the joint venture with Brazil. There is also an Emerging Market program that covers the world outside the 20 most developed economies.
For more information about these membership or incentive programs, please contact us.