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Date/Time: Sat, 02 Mar 2024 01:29:12 +0000

Post From: AMP/Teton commissions

[2023-08-21 20:32:11]
User370774 - Posts: 23
I asked AMP why there is a clearing fee for Teton:

Their response:
Sierra does not charge an order routing fee for Teton. What does this mean? CQG charges 0.10/contract per side. This fee is passed on to customers. On statements, it is listed as CQG TRF. There is no trade routing fee when trading through Teton. However, clearing is an AMP fee charged for clearing the trades. It is charged regardless of the provider that you are using. It is the same whether you are on CQG, Rithmic, TT or Teton. It is not tied to the trade routing service you use. 
IS that accurate? I thought there is no clearing cost for them either?

And whether that is true or false, is this the same with other providers like Stage5 or Edge Clear?
Date Time Of Last Edit: 2023-08-21 21:54:45