Trading Fee Schedule

Overview

Fees are based by product suite. OCX.Original™ product suite is comprised of all “1C” futures and futures on Narrow Based Indexes. OCX.NoDivRisk® product suite includes all “1D” futures and OCX.Weekly futures.  The exchange fee is composed of two parts: 1) an execution fee charged to the executing firm and 2) a daily carry fee charged to the carrying firm.

Notice to Members 2015-20

Effective July 1, 2015, on a pilot basis through December 31, 2015, OneChicago is capping the execution fee for all OCX.NoDivRisk trades.

The pilot program is capping the OCX.NoDivRisk execution fees at $700 per side per trade.
Previously, these fees were 5/100th of a basis point (0.0005%) of notional value which is $5.00 per million with $.01 minimum. All OCX.Weekly products and all “1D” futures are part of the OCX.NoDivRisk product suite.

Any questions can be directed to info@onechicago.com

Fee Summary

OCX.Original (“1C”) Product Suite

  • Execution fee for the OCX.Original product suite (1C) is $20.00 per $1 million executed notional value. Notional value = (trade price * trade quantity * contract multiplier).
  • Carry fee for the OCX.Original product suite (1C) is $1.00 per million notional value per day. Notional value = (settlement price * long open interest * contract multiplier) + (settlement price * short open interest * contract multiplier).
  • Execution fee for the closing leg of an (1C) roll is 0.00075% (7.5/100th 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.

OCX.NoDivRisk (“1D”) Product Suite

  • Execution fee for all “1D” futures and OCX.Weekly product is $5.00 per $1 million dollar executed notional value. Notional value = (trade price * trade quantity * contract multiplier).
  • Carry fee for all “1D” and OCX.Weekly products is $1.60 per $1 million dollar notional value per day. Notional value = (settlement price * long open interest * contract multiplier) + (settlement price * short open interest * contract multiplier).
  • Carry fee is calculated each morning and charged to the firm reporting the open interest using the formula: Open interest notional value * 0.0000016

 

Description Product Rate Charged to
OCX.Original Execution Fee All OCX.Original SSF and Futures on Narrow Based Indexes (NBI’s) 2/10th of a basis point (0.002%) of notional value with a $.01 minimum Executing Firm
OCX.Original Carry Fee All OCX.Original SSF and Futures on Narrow Based Indexes (NBI’s) 1/100th of a basis point (0.0001%) of notional value per calendar day with $.01 minimum Carrying Firm
OCX.NoDivRisk Execution Fee All OCX.NoDivRisk SSF and OCX.Weekly 5/100th of a basis point (0.0005%) of notional value with $.01 minimum Executing Firm
OCX.NoDivRisk Carry Fee All OCX.NoDivRisk SSF and OCX.Weekly 1.6/100th of a basis point (0.00016%) of notional value per calendar day with $.01 minimum Carrying Firm

 

###

Trading Platform

OCXdelta1 Connection Fees

Firms are obligated to pay monthly fees to access OCXdelta1, as stated in the User Agreement.

The monthly Port Fees and Login access fees are accessed to the Clearing Firms. The fees itemized on the Clearing firm’s monthly OneChicago bill and collected in the same fashion as exchange transaction fees.

Below are the current monthly fees by classification.

Classification Fee
OCXdelta1 Trading GUI (includes port fee) $500 monthly
OCXdelta1 Port Fee $500 monthly per trading firm (a)
FIX Trading Login (API) $50 monthly per login
FIX Market Data Login $50 monthly per login

 (a) includes one FIX Trading login fee

There are no connection fee waivers based on volume.

 

Other Fees

Narrow Based Index requests are charged $3,000 per quarter for each NBI that is created at their request

 

Other Helpful Material:
Exchange Fees FAQ

View PowerPoint

OneChicago Billing Files

OneChicago will make 4 files available each day, the reports will be in the firm’s production billing directory on OneChicago’s secure server.

Two files will provide detailed information for the execution portion of the exchange fee. One file will contain only trades for the trade date in question; the second file will contain all trades for the month to date. We will maintain separate trade date files, the month to date file will be overwritten each day. The file layout is the same for both files. The naming convention is FFF_execution_YYYYMMDD.csv and FFF_execution_YYYYMM.csv for the daily and month to date files, respectively.

Two files will support detailed information of the carry portion of the exchange fee. One file will contain only positions for the trade date in question; the second file will contain all positions for the month to date. We will maintain separate trade date files, the month to date file will be overwritten each day. The file layout is the same for both files. The naming convention is FFF_carry_YYYYMMDD.csv and FFF_carry_YYYYMM.csv for the daily and month to date files, respectively.

Open for File Headers:

123_execution_20130301.csv
123_carry_20130301.csv





Click Here to Request a New Product Listing





July 2015
S M T W T F S
« Jun    
 1234
567891011
12131415161718
19202122232425
262728293031  




  • Quick Links