CBoT drops new fee till next year

Chicago Board of Trade (CBoT) waived its proposed $30-per-user monthly charge (see FO Week Vol 11 No 24) for another year amid mounting opposition by members and customers, although it still planned to revisit the issue next year.

The fee, which has been waived for the past four years, was slated to begin in September. It would have been the first of its kind for the industry and was aimed to protect the value of CBoT data. The exchange said it plans...