iOS app Android app

Niba

CME Data Fee Increase More Onerous Than Originally Thought

Daniel P. Collins | Posted 02.20.2014 | Business
Daniel P. Collins

I ran into an old friend at the Chicago Board of Trade yesterday and he told me the following joke: "What does Obamacare and CME Group's new data fees have in common? One is 28,000 pages the other is 18 pages and both were voted on without anyone reading them."

Data Fees Kick CTAs and IBs When They're Down

Daniel P. Collins | Posted 02.08.2014 | Business
Daniel P. Collins

I reported on the poor timing of the increase in exchange and data fees by CME Group two weeks ago but the full impact, particularly of the data fees, is just coming into focus and market participants are seeing sticker shock.