General Fee Schedule
Account Fees | Fee Amount | |
Application Fee | No Fee | |
Deposit & Withdrawal Fee | No Fee | |
Monthly Inactive Account Fee * | $2.00 | |
* At the start of each calendar month the Exchange will assess an Inactive Account Fee of $2.00 per month to inactive accounts. An account is considered inactive if it has had no trading activity and no funding deposits during the prior calendar month. Note that the Inactive Account Fee has been suspended effective 8/1/2020. |
Daily Rain, Snow, Temperature and Landfall Markets Fee Schedule **
Precipitation and Temperature Contracts | Landfall Contracts | ||
Trading Fees (on all completed trades) | Trading Days Prior to Final Settlement | Storm Status Relative to Chosen Strike Code’s Landfall Points | Fee Amount (per contract) |
All Bids * ** |
7 | Storm name has not yet been assigned by NHC. | $0.02 |
6 | Storm named, but outside of locations listed below. | $0.03 | |
5 | Within 198 miles of 120-hour storm forecast location. | $0.04 | |
4 | Within 151 miles of 96-hour storm forecast location. | $0.05 | |
3 | Within 103 miles of 72-hour storm forecast location. | $0.06 | |
2 | Within 74 miles of 48-hour storm forecast location. | $0.08 | |
1 | Within 56 miles of 36-hour storm forecast location. | $0.10 | |
* Effective February 1, 2020, on any day in which…
…then no fee applies for all 7-day market-order contracts purchased on that day. ** Effective April 1, 2020, if at least 100 contracts were traded on at least 20 different trading days during the calendar month, then no fee applies for all 7-day market-order contracts traded on such days. Note: Trading fees are charged at trade time, then rebated at month-end. “7-day contracts” means positions in Daily contracts that are taken via Market Orders at least 7 days prior to the Settlement Date. |
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Settlement Fees (on all open positions at contract settlement) | Fee Amount (per contract) |
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All settlements |
< $0.01 (avg. of $0.005) |
Weekly Rain Markets Fee Schedule
Trading Fees (on all completed trades) | Fee Amount (per contract) |
Executed Buy Order | No Fee |
Executed Sell Order | $0.02 |
Settlement Fees (on all open positions at contract settlement) | Fee Amount (per contract) |
All settlements |
No Fee |
Forex & Metals Markets and Monthly Rain Markets Fee Schedule
Trading Fees (on all completed trades) | Fee Amount (per contract) |
All Market Orders | No Fee |
Limit Orders that execute at the market | No Fee |
Other limit orders | $0.01 |
Settlement Fees (on all open positions at contract expiration) | Fee Amount (per contract) |
Out-of-the-money settlements | No Fee |
In-the-money settlements | $0.01 |