cbot trading floor membership?
Author: how much I have to put in advance with clearing member if i have B-4 IDEM memership? not full membership? and how much that membership cost or how much i can lease for on monthly basis? please help me out
thank you
regards
Current bid/ask on IDEM membership is $19,500 – $31,000. Leases offered for $101 per month. How much you’ll have to put up depends on individual broker. I don’t own an IDEM membership, but I understand Infinity is one of the better firms to deal with if you are looking at going that route.
http://www.cmegroup.com/company/membership/membership-pricing-cbot.html
You should get the proper information from the your clearing firm since all deposits are different and dependent on your experience, volume, and type of activity
Only the Chicago Board of Trade can give you a price of membership since they control the buying and selling of memberships
You better educate yourself before you do any business since judging by your questions, you have no idea of what you are doing.