http://www.tradefees.com
The TRADEfees service offers busy professionals in futures and options trading operations complete transparency of the costs to trade on derivative exchanges worldwide.
Ad-hoc changes and payment holidays implemented by exchanges at short notice waste many hours and significant costs each year in fee reconciliation and add to trading risk. The TRADEfees service can remove the arduous task of interpreting complex fee structures and improve reconciliation of transaction fees, leading to reduced operational costs and can create the quality time to refine strategies for trading and customer marketing.
Drawn from its specialist experience in this complex field the TRADEfees service provides ready access to lowest level detail on exchange fees using an industry generic standard covering:
Charging party Example
EXG
Exchange
Charge type Example
ETD
Electronic Trading Fee
Account type Example
NCM
Non-clearing Member
Trade type Example
EFP
Exchange for Physical
Available in ASCII, CSV, HTML, XML and other common file formats, TRADEfees can easily be integrated into back office systems, account reconciliation programs or other decision-support applications.