IOM Membership (lease) Cost Structure

IOM Membership (lease) Cost Structure

Save on Exchange Fees with an IOM Lease!

High-volume CME Futures traders can take advantage of reduced exchange fees by leasing a seat on the exchange. For those trading Equity Index Minis on the CME, an IOM lease may be a great option. For a detailed breakdown of Membership and Lease Pricing, check out this link: Explore CME Membership & Lease Pricing

Need Help Deciding if Membership Is Right for You?

If you are uncertain about whether a CME membership suits your trading needs, EdgeClear offers personalized consultations to assess your trading activity and determine the potential benefits of a CME membership. To schedule your consultation, please fill out the form on EdgeClear's CME Membership page: EdgeClear CME Membership Consultation

Watch our EdgeShort for more information on CME memberships: Breaking Down CME Memberships

Fee Breakdown for Equity Index Mini Trading (As of 11/4/2024):

  1. Exchange fee/NFA Fee without an exchange leased membership: $1.38/contract
  2. Exchange fee/NFA Fee with an exchange leased membership: $0.40/contract
    1. As a IOM leased member, you do not pay the NFA fee
    2. CME Clearing Fees

Savings Example:

This is a savings of $0.98 per contract! To estimate your discount with a membership lease, simply take your daily or monthly trading volume and multiply it by $0.98. The result is the total amount you will save by leasing an IOM seat.

Upfront Costs to Consider:

There are upfront costs you will want to be aware of. Those fees are:

  1. $2,000 nonrefundable application fee
    1. This will be paid off after 2,041 contracts traded (2041 * $0.98 = $2000)
  2. Monthly lease cost (normally between $200-$400/month)

Additional Volume Discounts:

On a tiered basis, the Exchange Fee for electronically traded E-mini Equity Futures and Options will be reduced for trading volumes exceeding designated monthly average daily volume thresholds.  Futures and Options are accumulated separately when determining threshold levels. Spread transactions are excluded for Futures, but included for Options.


Individual Members

E-mini Equity Futures

E-mini Equity Options

Eligible Participants

Average Daily Volume Threshold (Sides)

Exchange Fee Discount

Average Daily Volume Threshold (Sides)

Exchange Fee Discount

Individual Members
Rule 106.D Lessees
Rule 106.F Employees

0 - 250

none

0 - 750

none

251 - 1,750

$0.16

751 - 5,000

$0.18

1,751 - 15,000

$0.22

5,001 - 12,000

$0.21

15,001 - 16,000

$0.23

12,001 - 20,000

$0.23

> 16,000

$0.25

> 20,000

$0.24

Volume is aggregated per trading account within a single clearing/billing firm.

Market Data Fees:

As an Exchange Member, traders are classified as Professionals and are required to pay professional market data fees. Currently, the CME charges $135 per month for each exchange.

*Fees are subject to change at any time without notice.  The calculations above are based on the data provided in November, 2024.  Please always check with the CME for updated pricing.





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