Eurex US wavers on fee structure

06 Dec 2004

Eurex US has abandoned plans to drop flat fee pricing when its fee waiver expires at the end of the year, with the exchange announcing a five cents per side trading fee from 1 January. The new rate will be significantly lower than Eurex US's pre-waiver pricing of 20 cents...

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“At our current funding level, the Commission is under serious strain. We lack the staff and resources necessary to both implement Dodd-Frank and continue to fulfil our pre-Dodd-Frank duties under the Commodity Exchange Act. Without additional funding, the strain will only become worse in July, when much of Dodd-Frank goes into effect.”

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