Chicago Mercantile Exchange

Does anyone trade with the Chicago Mercantile Exchange and if so how is it?
Any info you have will help thanks.

I trade the S&P e-mini contract thru Interactive Brokers. The S&P emini is a contract listed on the CME. You would have to own a seat at the CME to trade directly otherwize you could lease a seat thru a broker to lower commisions or trade like most people, using a broker paying whatever commisions they list.

I would suggest going to a few brokers web sites and read up on it.

Hope this helps and I didn't totally misunderstand your question.

I trade some CME products as well through Interactive Brokers...As mentioned you can't trade directly unless you either own a seat or lease one...Why do you want to trade directly anyway...Interactive Brokers offers very low commissions per contract....


Thanks,

Nader

Yes you can bypass broker but you have to use a fcm firm to clear your trades.

Also you can ONLY Trade the eminis

CME has a list of fcms

Go to the CME site and read about the details.

It cuts trading cost by a factor of 10 even if you trade with Interactive Brokers