Can you trade on the CME as a non-member?
Results 1 to 9 of 9

Thread: Can you trade on the CME as a non-member?

  1. #1
    Hi all

    Could somebody please tell me if it is possible to exchange Currency Market futures on the Chicago Mercantile Exchange without setting up thousands and thousands of dollars to get a seat/membership? I am a smallish trader from Australia.

    If you are able to trade on the CME without a membership, how would a trader from Australia go about setting this up?

    Any info will be greatly appreciated.

    Thank you

  2. #2
    Then you would have to exchange thru a member, that entails setting up a account with them. There are brokers that specialize in CME products, find the one which offers the contracts that you need (ie: google) and setup an account.

  3. #3
    I hear you can lease a seat for $900/mo, and it brings your rt commish to about $1.3

  4. #4
    According to the site a full lease is almost $4k per month, whereas the IMM lease is approximately $3k per month.

  5. #5
    CME and Globex Stocks can be traded by you .

  6. #6
    If your question is how to trade currency futures through CME, simply sign up an any futures broker for example MB Trading, Mirus Futures, Futures, etc..

    Margin is low for intraday trading (around $1000) to trade currency futures.

  7. #7
    Thanks for the replies everyone. However, what I'm looking for out is whether I can trade directly with the CME without having to go through a Futures Commission Merchant or Introducing Broker.

  8. #8
    Quote Originally Posted by ;
    Thank you for the replies everyone. But what I'm trying to find out is whether I will exchange directly with the CME without needing to experience a Futures Commission Merchant or Introducing Broker.
    Logically replied. No, you can not. You have to go thru someone else, or rent a membership and rent the appropriate software.

  9. #9
    Quote Originally Posted by ;
    Already answered. No, you can not. You need to go thru somebody else, or rent a membership and rent the proper software.
    Thanks Rabid.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.