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Reduced Clearing Fees for Capesize Products
Clear Capesize FFAs for 2.40 USD with NOS Clearing
NOS has reviewed the clearing fees for the dry freight products, and is reducing the standard clearing fee for capesize FFAs to $8 per lot and capesize options to $10 per lot* with effect from today 23rd August 2011. This is the standard fee before rebates. Our standard rebates are:
- 50% discount on both legs in a spread
- 50% discount on fullsize trades
- 50% discount on all legs in a strategy
-
Monthly volume discount of 20% for volume between 1000-1999 lots, and 40% for volume above 2000 lots
| Segment | Standard clearing fees | Spreads and full size rebate | Volume discount (monthly) | Clearing fees after rebates |
| Capesize FFAs | $8.00 | 50% |
1 000-1 999 lots: 20% Above 2 000 lots: 40% |
$3.20 $2.40 |
| Capesize options | $10.00 | 50% | $5.00 |
* For options we continue to offer the clearing fee in in percent as an alternative to the $per lot fee. The percentage fee is maintained at 1% of the premium.
If you have any questions, please do not hesitate to contact NOS:
Hanne B. Johansson, +47 23 25 93 20, hb@nosclearing.com
© NOS Clearing ASA, Visiting address: H. Heyerdahls gate 1, 0103 Oslo, P.O. Box 246 Sentrum, Norway - Tel: (+47) 23 25 93 00 - Fax (+47) 22 36 01 20 Terms of use
A Company in the Imarex Group