Date: January 11, 2013
RE: OneChicago 2013 Fee Changes
Effective Date: March 1, 2013
OneChicago will be modifying the fee structure for executing block rolls. In addition, the responsibility for fees imposed by OCC and the Securities and Exchange Commission will also be altered.
The new structure is as follows:
Modified fee break structure for customers executing Block Rolls
Beginning March 1st the execution fee for the closing leg of a roll will be 0.00075% (7.5/100ths of a basis point) of the notional value per trade for rolls of 250 contracts or more. Rolls are defined as moving a position from one month to another, not merely executing a spread.
OCC Clearing Fee and mandatory SEC R31 Execution Fee for single stock futures
Beginning March 1st OneChicago will pass along the posted OCC clearing fee for trades in the customer and firm ranges and the Securities and Exchange Commission (“SEC”) R31 execution fee for security futures. OneChicago will continue to absorb these fees for all Market Makers.
Please note that at OneChicago there are zero fees for CMTA/Give-ups and zero delivery fees.
Also, OneChicago fees do not include fees firms are required to pay to self-regulatory organizations, such as FINRA and NFA.
If you have any questions please contact Maureen Theodore at 312-424-8513 or firstname.lastname@example.org.