ELX Futures has launched a new 9 cent one-tier bundled fee schedule for market users trading all U.S. Treasury and Eurodollar futures contracts on ELX. The new single-tier low price will lower transaction costs for all types of market participants, with no minimum average daily volume (ADV) requirements.

The move follows ELX’s reduction of minimum block trade levels from 1,000 contracts to 300 contracts for the five, 10 and 30 year U.S. Treasury futures contracts as well as the Ultrabond. The ELX model has a simple no-cost registration process without membership obligations and no fee surcharges for block trades, EFRPs, errors, give-ups and trade busts.

Click here for the release from ELX Futures.