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.