Thank you for that. So net fee per side = CME Globex clearing fee + Globex fee + other applicable fee? How do seats return yield :S. (apart from fee discounts, that is.)
Yield on Leasing it out based on current rates. Obviously, you won't be trading. I am not familiar with the costs of just holding the seat though.
CME Group Membership Pricing There ya go! Owning a seat is really only beneficial if you trade some big boy volume or need spread margin for some funky combinations, or wanna look like a bada$$
It helps if you are a firm doing big volumes. A lot. Can always lease out a seat if you are an individual trader i guess
+1 for leasing, seats have lost value since co-location became feasible and I can't foresee any reason for them to gain value.