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Fees

Fees

Preview a fee before an order, accrue it on a fill, and report the recorded result on a desk statement.

What is charged

How fees move from preview to accrual and statement
StageApplies toBasis
Order preview

The terminal shows the applicable schedule source and an estimated fee for a proposed size.

Applies to a desk evaluating an order.

A desk evaluating an orderThe rate in force for that product and role
Executed fill

Spot, forward-dated and RFQ-block products resolve their own fee product. The fee record follows the resulting order or quote lifecycle.

Applies to both sides of a future fill, separately.

Both sides of a future fill, separatelyProduct, desk tier and maker or taker role
Fee statement

A statement itemises the rate and amount recorded when a fill occurred.

Applies to the desk whose future activity is reported.

The desk whose future activity is reportedStored accruals for the selected period

Rates

The rate in force

This page does not publish a fixed numerical rate because the schedule resolves from product, desk tier, liquidity role and effective time. The terminal’s order preview is the source for a rate and estimated amount, while a statement reports the rate stored for an executed fill.