Account Fees & Service Charges Effective January, 2007 |
USD |
| FedEx Fees and Handling Charge | |
| FedEx Overnight Fee | 25.00 |
| FedEx 2-Day Delivery Fee | 20.00 |
| FedEx Saturday Delivery Fee | 35.00 |
| FedEx Overnight Fee to Canada | 45.00 |
| FedEx Overnight International Fee | 80.00 |
| Check and Wire Fees | |
| Domestic Wire Fee | 40.00 |
| International Wire Fee | 55.00 |
| Stop Payment Fee on Checks | 55.00 |
| Returned Check Fee | 55.00 |
| Mail in Deposit Fee to Harris Bank. (Variance Futures prefers that you will choose other ways to fund your account. If you do so, there will be a fee charge). |
30.00 |
| T-Bill Fees | |
| Purchase and/or sale of T-Bills | 75.00 |
| Roll-Over of T-Bills | 75.00 |
| Selling Fee for T-Bills | 75.00 |
| Transfer Fees | |
| Transfer of T-Bills to another firm | 30.00 |
| Transfer of Account to another firm | 100.00 |
| Mailing Fees |
|
| Mailing of Statements in the USA | $2.00 |
| Mailing of Statements outside of the USA | $3.00 |
| Duplicate Statement sent by E-Mail | NC |
| Duplicate Mailing of Statements in the USA | $2.00 |
| Duplicate Mailing of Statements outside of the USA | $3.00 |
These fees can be completely eliminated by allowing the FCM to e-mail your account statements to you. If you have not already done so, you can set this up by contact our accounts department at:  . |
|
| Taking or Making Delivery of Futures Contracts Fees | |
| The cost of taking delivery, in addition to commission charges, storage charges and the like. | 225.00 |
| Night Desk Fee | |
| Night Desk Charges Charged per order if the contract is filled in the evening session |
7.00 |
| Exchange for Physical Fee | |
| EFP Charges - per side | 10.00 |
| Maintenance Fee | |
| Maintenance Fee A Maintenance Fee may be charged to customer accounts who maintain an average net trading equity balance, including T-Bills, of less than $2000 and do not incur trading commission charges of at least $25 in a calendar month. |
10.00 |
| Documentation Fee | |
| Document Fee Reproduction If you require us to reproduce a document for you, there is a $10.00 fee associated to each reproduced document. |
10.00 |
Account Maintenance Fee Policy
Variance Futures LLC may charge an account maintenance fee of $10 per month for each month that an account has an average net trading equity balance (including T-Bills) of less than $2,000 and does not incur trading commission charges of at least $15.
This maintenance fee will be charged against the account after each month's end.
