CME
eFX Bank Incentive Program

eFX Bank Incentive Program Participants as of March 9, 2008

Products Round-Turn Using CME Globex Breakdown of fee components
Clearing Fees (per side) CME Globex  Fees (per side)
Commodity Products (Futures)
$3.78 $0.64 $1.25
Commodity Products (Options) $2.58 $0.64 $0.65
FX Products (Futures) $0.88 $0.10 $0.34
FX Products (Options) $0.88 $0.10 $0.34***
Interest Rate Products Tiered $2.38 $0.64 $0.55*
Eurodollar & Euroyen Options $2.38 $0.64 $0.55
Index Products** $4.56 $0.78 $1.50
Weather Products $1.07 $0.16 $0.375
ETF Futures $0.70 $0.15 $0.20
E-mini Commodity Products $2.14 $0.32 $0.75
E-mini FX Products $1.70 $0.35 $0.50
E-mini Equity Futures $2.28 $0.39 $0.75
E-mini Equity Options $1.10 $0.39 $0.16
Eurodollar 5-Year E-mini Bundle Futures $1.78 $0.64 $0.25
E-mini Eurodollar Futures $0.36 $0.13 $0.05

Registered participants in the eFX Bank Incentive Program are eligible for reduced rates for CME Globex outright trades of Foreign Exchange Products only.  Open outcry transactions, spreads, and CME Globex transactions in all other products will be charged at Non-Member Fees rates.

*The CME Globex fee for CME Eurodollar futures contracts with longer than 4-year expirations is reduced from $0.55 to $0.25 per side for non-members.  The CME Globex fee for CME Eurodollar futures contracts transacted as 2-year through 10-year Bundles is reduced from $0.55 to $0.10 per side for non-members. 

** Index product trading fees do not include fees for trading TRAKRS®. 
See  TRAKRS Fees.

***The schedule of CME Globex fees for Volatility-Quoted Options (VQO) is listed below.  The Clearing and CME Globex fees will be waived with the auto-hedge Futures leg associated with the Volatility-Quoted option.

  Rate
eFX Bank Incentive Program Participants $0.64


See fee waivers information.