Flat 9-cent fee for ELX Treasuries, eurodollars

New York, January 31, 2011– ELX Futures, L.P. (ELX), a leading electronic futures exchange, announced today a new 9 cent one-tier bundled fee schedule for market users trading all U.S. Treasury and Eurodollar futures contracts on ELX, effective February 1, 2011.

The advantage of this new single-tier low price is that it promises to significantly reduce transaction costs for all types of market participants. There are no minimum average daily volume (ADV) requirements and market participants will have the operational simplicity of only one fee tier. The ELX model also has a simple no-cost registration process without traditional membership obligations and no fee surcharges for block trades, EFRPs, errors, give-ups and trade busts.

The new 9 cent price for all ELX’s current products follows ELX’s reduction of minimum block trade levels to 300 contracts from 1,000 contracts for the 5, 10, and 30 year U.S. Treasury futures contracts as well as the Ultrabond. We also have experienced a significant increase in volume, and market share, making this fee change a compelling reason to experience what ELX has to offer.

Neal Wolkoff, Chief Executive Officer of ELX Futures, said, “ELX is committed to providing price competition and superior services to market participants. This new single-tier fee schedule is another new ELX initiative to benefit customers and foster competition in the global futures market.”

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