Fees will be applied to participants based upon the following 3 categories:
|Direct Individual or Firm||A Direct Individual or Firm is a non-professional person or firm who signs up directly with ErisX.|
|Professional Trading Firm||A Professional Trading Firm is an entity that certifies they have substantial trading and exchange connectivity management experience.|
|Market Maker||A Market Maker is a Professional Trading Firm that has entered into market making agreement with ErisX and meets specific metrics on a monthly basis.|
* All categories of users will be required to enter into user agreements with ErisX and will be required to accept certain risks and disclosures. ErisX reserves the right to modify the content of this Rate Card.
Participants pay fees on each transaction executed on the exchange based upon the rates below for each category. These fees are charged per contract in USD. Fees and incentives are effective from December 17th, 2019.
|Futures (per contract per side) *||
|Individual | Firm|
|Professional Trading Group|
* Fees contained in this table are exclusive of fees which may be charged by futures commission merchants for non-direct clearing clients.
** Fees are waived.