Eurex US has insisted that its new five cents per side fee structure is financially viable, and hinted that it may introduce discounts or other incentives for market makers, despite apparently having decided against a previously planned sliding fee scale.
At current volume levels, the new fee structure would bring in under $6,000 in daily revenue to the exchange. However, Eurex US ceo Satish Nandapurkar told FO Week, "These [new] prices are sustainable and it is our low cost base which allows...