Westcore Capital Limited Reduces Fees for Futures Commissions
Westcore Capital Limited, one of the most competitive brokerage service firms in Luxembourg, has recently released its new reduced futures commission structures that provide active investors and traders with simply reduced exchange product fees and discounts for volume trades.
- (1888PressRelease) October 12, 2010 - The new fee schedule is clearly for the execution, clearing, carrying, exchange and regulatory charges of a futures trade by a product with a down range of volume. Additionally, members of the exchanges of those professional clients who are also members of the special exchange pricing program can now take advantage of the special pricing through Westcore Capital Limited new reduced commission rates. The said new fee structure takes effect as soon as November of the current year.
Mr. Tim Howard, the Managing Director of Westcore Capital Limited said that most futures exchanges have decided to lower fees and charges for selected classes of clients. In the case of Westcore Capital Limited, it has to reduce its fees and charges for the reason to pass through such discounted prices to the clients, alongside with its discounts for volume trades which reflect separately the execution, clearing and regulatory charges.
"We highly recognize the fact that as the futures exchanges automate and compete in lowering the fees and charges, we also offer our clients that rare opportunity to enjoy our new reduced commission rates so that they can trade in volume and will promptly benefit much lower fees. Our new offer is another approach of Westcore Capital Limited to help professional traders to lessen their trading costs," explained Howard.
However, Westcore Capital Limited advises those traders to follow their own fees and charges preferences. Those who want to benefit from the new reduced fee structure may also prefer to employ the old fee structure if they think it would not provide them returns. This simply means that clients are given chances to choose which fee structure to employ.
About the Westcore Capital Limited
Westcore Capital Limited is a member of the National Futures Association and registered with Commodity Futures Trading Commission. It was established on the premise of mutual business partnership with its clients and investors. It continues to provide trend changes to financial industry through investment products and services that allow investors to embrace important and innovative options for undefined market conditions. Presently, Westcore Capital Limited has an approximate $10 billion in assets through its nearly 100 mutual and managed futures funds and exchange traded commodities and products.
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