Maintaining accurate F&O exchange and clearing fees is a major industry problem.

Fees Direct is a new and powerful fee and commission schedule management and information system, developed to keep market members and their customers on top of the enormous number of exchange, clearing house and regulatory fees.

Specifically designed for the market member or high volume customer, Fees Direct gives the front, middle and back office complete control and total transparency of fee management, plus a full historical audit trail.

 “Fee schedules and the incentive programmes are so complex that it boggles the mind”

- John Damgard, president , Futures Industry Association, quoted in Futures & Options Week, June 16 2006.

Built using state-of-the art software design and technology, Fees Direct is available in ASP or in-house formats and is populated with over 330,000 exchange, clearing house and regulatory fees.

Many firms address their fee calculation needs with in-house spreadsheets. The accuracy and reliability of many spreadsheets may be illusory.  Recent studies by major consulting firms have found that over 90% of large client spreadsheets contained errors - rising to nearly 100% in spreadsheets with over 200 lines. Inaccurate or out-of-date information pushes up costs and causes expensive errors.

Fees Direct : F&O Fee and Commission Management Made Easy.