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Date/Time: Mon, 23 Dec 2024 01:38:29 +0000



LMAX inactivity fee

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[2015-01-15 04:14:54]
User543667 - Posts: 9
Hello

Just wondering if the required 12.5 million in order to not incur the $100 dollar fee is round trip or total. In other words if I open a trade for 1 million and then close it does this count for 1mil or 2 toward my volume?

Cheers
[2015-01-15 04:54:20]
Sierra Chart Engineering - Posts: 104368
We would think this would count as 2,000,000. We will check for you.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
[2015-01-15 05:48:47]
Sierra Chart Engineering - Posts: 104368
According to LMAX, it looks like the answer to your question is 1,000,000 because they said this:

That would be 25 million in order to avoid the inactivity fee.

Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
[2015-01-15 05:51:17]
User543667 - Posts: 9
Ok thanks for the quick reply. Have they given you reason as to why they charge this fee?

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