Contributor: Past Author - Richard Hulit
A few months ago on this blog, I asked FCMs the following question: Do you know if, where and how much you are overpaying in brokerage and exchange fees? For many, this question is a difficult one to answer. Futures commission merchants are facing multiple challenges around exchange fees, clearing fees and brokerage claims, including increasingly complex fee schedules, frequent modifications of fee rates and levels and shorter deadlines for claiming rebates.... read more
