Are You Paying Too Much in Exchange and Clearing Fees?
Futures commission merchants are facing multiple challenges around exchange fees, clearing fees, and brokerage claims, including more complex fee schedules, regular modifications of fee rates and levels, and shorter deadlines for claiming rebates.
Many of these challenges can be overcome with the right internal policies, processes and procedures to prevent miscalculations and miscommunication, as well as detect errors and ensure that fee rate updates are reflected in existing accounts.
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