NFA reduces fees due to increased trading volume and membership

|By:, SA News Editor

The National Futures Association says it will reduce its fees on options and futures contracts. Fee revenue is tied to public trading volume, and increased volume and a larger revenue base in recent years has translated into lower agency fees.

Trading of options and futures takes place on platforms at the CME Group (CME) and the Intercontinental Exchange (ICE)

The NFA has further lowered the prices due to an increase in membership fees from swap dealers, who pay a fixed membership fee, as opposed to firms trading futures, which pay per trade.

On October 1, the NFA will halve the price on options and futures contracts, to $0.01 for each side of the trade.