martin brown
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Arbitrageur said:yep, those rates are from back in 2004. Refco rates were always pretty tight, but most arcades comm rates came down drastically earlier in 2005 when the TCA was first launched at Fortis.
The Refco comm scale i'm looking at includes exchange, globex and NFA fees at $0.46 a side, and then the arcade clearing fee ranges from 0.22c down to 0.09c a side on top, depending on volume.
Arbitrageur, thanks alot.