Fee Codes and Associated Fees:

Fee Code Description Fee/(Rebate)
BC Cboe Bitcoin (USD) Futures (XBT) - Customer 0.50
BN Cboe Bitcoin (USD) Futures (XBT) - Non-Cboe TPH 0.25
BP Cboe Bitcoin (USD) Futures (XBT) - Cboe TPH 0.25
VC S&P 500 Variance Futures (VA) - Customer 8.00
VN S&P 500 Variance Futures (VA) - Non-Cboe TPH 4.00
VO S&P 500 Stub Variance Futures (VAO) - Customer, Cboe TPH and Non-Cboe TPH 0.25
VP S&P 500 Variance Futures (VA) - Cboe TPH 4.00
XC Volatility Index Futures (VX, VU, VXTY) - Customer 1.40
XN Volatility Index Futures (VX, VU, VXTY) - Non-Cboe TPH 1.00
XP Volatility Index Futures (VX, VU, VXTY) - Cboe TPH 0.90
  • Non-Cboe TPH refers to a CFE Trading Privilege Holder that is not a Trading Permit Holder of Cboe Exchange, Inc. ("Cboe Options").
  • Cboe TPH refers to a CFE Trading Privilege Holder that is a Trading Permit Holder of Cboe Options.
  • Rates are per contract side. Additionally, VA rates are per 1,000 Vega Notional and VAO rates are per variance unit.
  • The rates noted above do not reflect the applicable CFE Regulatory Fee assessed for CFE transactions.

Please refer to the CFE Fee Schedule for information pertaining to CFE fees. Please contact the CFE Trade Desk or your Business Development contact for support or with any questions.