Exchange Fees Q&A with Examples
View the Exchange Fee Presention
Execution Fee Cap Pilot Program
Through December 31st 2016, all execution fees are capped at $700 per side, per trade. The fee cap applies only to NDR SSF (OCX.NoDivRisk®) products.
Product Fee Schedule
Product Fees are determined by product class and are assessed in two parts:
- Execution fee charged to the executing firm.
- Daily carry fee charged to the carrying firm.
- Narrow Based Index (NBI) requests are billed at $3,000 per quarter to the requesting party for each NBI.
|Execution Fee||Daily Carry Fee|
|Traditional SSF (Original)||0.002000% of the total notional value (2/10 bps)||0.000100% of the total notional value (1/100 bps)|
|NDR SSF (OCX.NoDivRisk®)||0.000500% of the total notional value (5/100 bps)||0.000160% of the total notional value (1.6/100 bps)|
OneChicago delta1 Access Fee Schedule
Firms are charged monthly fees to access delta1, as stated in the User Agreement. The monthly Port Fees and Login access fees are billed to Clearing Firms. Fees are itemized on the Clearing firm’s monthly OneChicago bill and collected in the same fashion as exchange transaction fees.
|Trading Front-end Login||$500 monthly per login|
|FIX Gateway Port Registration (API)||$500 monthly per trading firm|
|FIX Order Entry Login (API)||$50 monthly per login|
*FIX Gateway Port Registration includes one FIX Order Entry API Login