SOM Tiers

Short Option Minimum Tiers

This report shows the charge rates for individual or overall Short Option Minimums tiers, per combined commodity and broken down by Tier. 

Comb Comm:  Combined Commodity

The set of all eligible products used to generate a total requirement for each Exchange Complex within a portfolio.  A Combined Commodity generally consists of all products of the same underlying physical. For example, at the CME, the Eurodollar combined commodity encompasses Mid-Curve options, Eurodollars and Eurodollar options. 

Tier #:   Shows the overall and individual tiers

Start Period:  The beginning date of the tier

End Period:  The ending date of the tier

Rate ID:  Span assigns an ID for each Short Option Minimum charge rate

Rate:  The Short Option Minimum charge rate per tier.




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