Back to Journal

CME Group Customer Forum Feedback

N
Written by
NIBA
Published
Reading time
1 min

CME Group wants your feedback on their recent Customer Forum:

"In order to provide you with the most relevant and interesting updates on our technology and business initiatives at the CME Group Customer Forum, we ask that you complete this brief survey. This survey will take no more than 10 minutes of your time.

For additional information or if you have any questions, please contact CME Global Account Management at +1 312 634 8700 in the United States."

Take the Survey

 

 


The Opinions expressed are the opinions of the author. The opinions, the trading styles, trading information and trading programs are not endorsed by the NIBA, but are the individual opinions, styles, information and programs of the author.

Stay Informed

Subscribe to the NIBA Journal for the latest insights and industry updates

Related Articles

View All
Operations

Market Data Fees - An Opinion

As the NIBA has been reporting since last November, the CME Group is discontinuing the current market data waiver effective January 2015. For many members of the NIBA and traders at large, the financial impact could be devastating. The Zaner Group, a longtime member of the NIBA located in Chicago, is a well established IB. They are a good example of what I consider to be a traditional IB model. The knowledgeable brokers have personal relationships with their clients and offer a variety of services. Matt Zaner, CEO of Zaner Group, shared a breakdown of costs associated with the platforms and data they currently use together with his expected expenses after the waiver is discontinued. The results are staggering. he...

Operations

Get to Know the Regulators

Information is essential to participants in our markets. Our markets are ever changing not only with price action but also with best practices and regulations. NIBA wants to make sure our members know their way around both the NFA and CFTC and as such will be publishing an ongoing series discussing who is who and how you can get a hold of key regulators and/or information if you ever need to. As the designated self-regulatory organization for the U.S. derivatives industry, National Futures Association (NFA) recognizes that its members, CFTC registrants, industry professionals and the general public may have questions about registration matters, regulations and other related topics. To ensure that people receive prompt, accurate answers to their questions, NFA...

Operations

CME Group Market Data Policies Update

In November, 2013, the CME Group announced changes to market data license agreements and schedules. The resulting increase in user fees significantly affect all NIBA members. NIBA members voiced several concerns surrounding the changes and the Executive Board of Directors presented them to the exchange. On February 14, 2014, the CME Group released an update to the market data policies. One of our major issues has been addressed: the definition of non-professional. Non-professionals are now defined to include certain small business entities such as LLC, trusts, etc., that are: (i) not affiliated with a Professional, and (ii) whose primary business purpose is not trading. There is also a limit in the number of trading terminals allowed to be used at...