|
Product
|
Effective Date
|
Waiver
|
|
Foreign Exchange Products
|
04/01/2001
|
Floor Brokerage fees for Equity, Lessee and 106.F Employees
|
| Interest Rate Swaps
|
04/08/2002
|
All Fees for Registered Market Makers Only
|
| Weather Derivatives
|
05/13/2002
|
All Fees for Registered Market Makers Only
|
| Foreign Exchange Products
|
07/01/2002
|
CME GLOBEX Fees for Member trades executed on handheld terminals only until
12/31/2008
|
| New Trader Program (All Contracts)
|
09/01/2004
|
Clearing and CME GLOBEX fees for electronic trading up to a capped limit
for a six month period for Registered New Traders Only. The following limits apply, per
trader:
|
| |
|
| Month
|
Number of Sides
Eligible for Fee Waiver
|
| 1
|
1,000
|
| 2
|
2,500
|
| 3
|
3,000
|
| 4
|
4,000
|
| 5
|
5,000
|
| 6
|
8,000
|
|
| E-Livestock Futures
|
01/01/2005
|
Clearing and CME Globex Fees for Registered Market
Makers Only until 12/31/2008; As of 12/04/2006 CME Globex Fees for Registered Liquidity Providers
discounted to $0.10 per side utnil 12/31/2008. |
| Cash Settled Butter Futures |
9/19/2005 |
Clearing and CME Globex Fees for Registered Market Makers
Only |
| Emerging Markets Partner Program (All Contracts) |
10/1/2005 |
Clearing and CME Globex fees for electronic trading up to a capped
limit for a two-year period for Registered EMPP Participants Only |
| Class III Milk Futures |
3/1/2006 |
Clearing and CME Globex Fees for Registered Market Makers on
Electronic Trades until 2/28/2009 |
| Russian Ruble Futures |
3/1/2006 |
Clearing and CME Globex Fees for Registered Market Makers on
Electronic Trades until 12/31/2008 |
| E-mini MSCI EAFE Futures |
3/20/2006 |
EFP/Block Trade Surcharge and CME Globex Fees until 05/31/2008;
Clearing Fees for Registered Market Makers Only until 12/31/2008 |
| Eurodollar Futures
|
5/1/2006 |
CME Globex Fees for Registered Pack and Bundle Market Makers Only
until 12/31/2008. Market Makers who are not Pack and Bundle Market Makers pay a reduced CME Globex
fee rate of $0.03 per side. Market Makers who are Rule 106.H Firms, Asian Incentive Program
Participants, European Incentive Program Participants, or Electronic Corporate Members (Holding
Members) have CME Globex fees waived and also pay a reduced clearing fee rate of $0.22 per side.
Market Makers who are Electronic Corporate Members (Volume Incentive Program) have CME Globex fees
waived and also pay a reduced clearing fee rate of $0.37 per side. |
| Israeli Shekel Futures and Options |
5/8/2006 |
All Fees until 12/31/2008 |
| Chinese Renminbi Futures and Options |
8/28/2006 |
Clearing and CME Globex Fees until 12/31/2008 |
| Korean Won Futures and Options |
9/18/2006 |
All Fees until 12/31/2008 |
| Eurodollar Options |
10/1/2006 |
CME Globex Fees for Registered Market Makers Only until
12/31/2008. Some market makers instead pay a discounted CME Globex fee of $0.10 per side. Market
Makers who are Rule 106.H Firms, Asian Incentive Program Participants, European Incentive Program
Participants, or Electronic Corporate Members (Holding Members) have CME Globex fees waived and
also pay a reduced clearing fee rate of $0.22 per side; Market Makers who are Electronic Corporate
Members (Volume Incentive Program) have CME Globex fees waived and also pay a reduced clearing fee
rate of $0.37 per side. |
| E-Livestock Options |
12/04/2006 |
CME Globex Fees for Registered Lead Market Makers (LMMs) until
12/31/2008; CME Globex Fees for Registered Responding Market Makers (RMMs) discounted to $0.10 per
side until 12/31/2008. |
| Foreign Exchange Options |
12/18/2006 |
CME Globex Fees for Registered Lead Market Makers (LMMs) until
12/31/2008; CME Globex Fees for Registered Responding Market Makers (RMMs) discounted to $0.10 per
side until 12/31/2008. |
| Euroyen Futures |
02/05/2007 |
CME Globex Fees for Non-Members until 09/30/2007 and Registered
Market Makers until 03/31/2008. Market Makers who are Rule 106.H Firms, Asian Incentive Program
Participants, European Incentive Program Participants, or Electronic Corporate Members (Holding
Members) have CME Globex fees waived and also pay a reduced clearing fee rate of $0.22 per side;
Market Makers who are Electronic Corporate Members (Volume Incentive Program) have CME Globex fees
waived and also pay a reduced clearing fee rate of $0.37 per side. |
| Euroyen Options |
02/05/2007 |
CME Globex Fees for Non-Members until 09/30/2007 and Registered
Market Makers until 03/31/2008. Some market makers instead pay a discounted CME Globex fee of $0.10
per side. Market Makers who are Rule 106.H Firms, Asian Incentive Program Participants,
European Incentive Program Participants, or Electronic Corporate Members (Holding Members) have CME
Globex fees waived and also pay a reduced clearing fee rate of $0.22 per side; Market Makers who
are Electronic Corporate Members (Volume Incentive Program) have CME Globex fees waived and also
pay a reduced clearing fee rate of $0.37 per side. |
| Dry Whey Futures |
03/19/2007 |
Clearing and CME Globex Fees for Registered Market Makers Only
until 03/18/2009 |
| Eurodollar Options |
05/01/2007 |
CME Globex Fees for Member trades executed on handheld terminals
or tablet PCs only until 03/31/2008 |
| Credit Index Event Contracts |
06/18/2007 |
All fees until 12/31/2008 |
| S&P SmallCap 600 Futures |
08/20/2007 |
All Fees until 03/31/2008; Members trading for their own account
may receive monthly fee credits based upon contributions to volume and open interest
until12/31/2008 |
| E-mini S&P SmallCap 600 Futures |
08/20/2007 |
All Fees until 03/31/2008; Effective 09/04/2007, Registered Market
Makers receive monthly fee credits for quoting two sided markets. Furthermore, Registered
Market Makers are eligible for additional fee credits based upon the market makers' contributions
to volume and open interest until 12/31/2008 |
| E-mini S&P MidCap 400 Futures |
09/04/2007 |
Clearing and CME Globex Fees for Registered Market Makers Only
until 03/31/2008; Effective 09/04/2007, Registered Market Makers receive monthly fee credits for
quoting two sided markets. Furthermore, Registered Market Makers are eligible for additional
fee credits based upon the market makers' contributions to volume and open interest until
12/31/2008 |
| Wood Pulp Futures |
09/10/2007 |
Clearing and CME Globex Fees for Registered Market Makers Only
until 09/09/2009 |
| Wood Pulp Options |
09/10/2007 |
CME Globex Fees for Registered Market Makers Only until
09/09/2009 |
| E-mini Russell 2000 Futures |
09/10/2007 |
Clearing and CME Globex Fees for intercommodity spreads with E-mini
S&P SmallCap 600 Futures Only until 3/31/2008 |
| Class IV Milk and Non-Fat Dry Milk Futures |
09/17/2007 |
Clearing and CME Globex Fees for Registered Market Makers Only
until 09/16/2009 |
| Class III Milk, Cash Settled Butter, Dry Whey, Class IV Milk and
Non-Fat Dry Milk Options |
09/17/2007 |
CME Globex Fees for Registered Market Makers Only until
09/16/2009 |
| Lehman Brothers U.S. Aggregate Index Futures |
10/1/2007 |
All Fees until 03/31/2008; Clearing Fees, CME Globex Fees and
EFP/Block Trade Surcharges for Registered Market Makers Only until 09/30/2009. Registered
Market Makers may also be eligible for fee credits based upon their monthly average daily
volume |
| E-mini MSCI Emerging Markets Futures |
10/22/2007 |
Clearing and CME Globex Fees until 03/31/2008; EFP/Block Trade
Surcharge until 06/30/2008; Clearing and CME Globex Fees for Registered Market Makers Only until
06/30/2008. Registered Market Makers may also be eligible for fee credits based upon their
monthly average daily volume. |
| U.S. Commercial Real Estate Futures and Options |
10/29/2007 |
Clearing and CME Globex Fees until 06/30/2008 |
| S&P MidCap 400 Futures and Options |
3/3/2008 |
Clearing and CME Globex Fees until 12/31/2008 |
| E-mini S&P MidCap 400 Options |
3/3/2008 |
Clearing and CME Globex Fees until 12/31/2008 |
| Volatility-Quoted Options (VQO) |
3/9/2008 |
CME Globex Fees for Registered Lead Market Makers (LMMs) until 12/31/2008. CME Globex Fees
for Registered Responding Market Makers (RMMs) until 12/31/08, is as follows:
| |
Rate
|
| Equity Members/Clearing Members/Inactive Clearing Members/Rule 106.I
Members/Rule 106.S Member Approved Funds
|
$0.17
|
| Rule 106.D Lessees / Rule 106.F Employees
|
$0.14
|
| Rule 106.R Electronic Corporate Member - Holding Member
|
$0.23 |
| Rule 106.R Electronic Corporate Member - Volume Incentive Program
|
$0.32
|
| Rule 106.H and 106.N Firms
|
$0.23
|
| Asian Incentive Program Participants
|
$0.32 |
| European Incentive Program Participants |
$0.32 |
| eFX Bank Incentive Program Participants |
$0.32 |
| Korean Bank Incentive Program Participants |
$0.32 |
| CBOE Members |
$0.20 |
| Customers of Member Firms |
$0.20 |
|
