The Chicago Mercantile Exchange (CME) has slashed transaction fees for all products traded electronically on Globex in Europe, bringing its costs in line with rivals the Chicago Board of Trade (CBOT) and Eurex. However, the cut of 73% to 44 cents, from the current fee of $1.60, for e-FX futures and options contracts is available only for 18 months and will not be applied to brokers acting for third parties.
Source: Risk magazine | 24 Nov 2003
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