NFA's Logo
Home > FAQs > NFA Assessment Fees > NFA Assessment Fees > Is there a different NFA assessment fee for futures...

Is there a different NFA assessment fee for futures contracts that have a very small notional value?

Yes. At its May 2012 meeting, the Board adopted an Interpretive Notice to NFA Bylaw 1301(b) entitled NFA's Assessment Fee-Diminutive Notional Value Contracts and Security Futures Products to impose a reduced NFA assessment fee upon diminutive notional value (DNV) futures contracts. The NFA assessment fee rate for DNV contracts is $0.00008 per round-turn, with a minimum fee of $0.01 per round-turn. The Interpretive Notice futher permits the Executive Committee upon application by a contract market or exempt commercial market to designate contracts as DNV contracts. Refer to the list of designated DNV contracts.

NFA is the premier independent provider of efficient and innovative regulatory programs that safeguard the integrity of the derivatives markets.
Site Index | Contact NFA | News Center | FAQs | Career Opportunities | Industry Links | Home
© National Futures Association All Rights Reserved. | Disclaimer and Privacy Policy