What is the SEC fee on futures?
I'm curious to know, what exactly is the SEC fee that is imposed on futures trading? Could you please elaborate on the specifics of this fee, such as its purpose, how it's calculated, and if there are any exemptions or reductions that traders can take advantage of? Additionally, is this fee standard across all futures markets, or does it vary depending on the underlying asset or exchange? Understanding these details would be invaluable for traders navigating the complex world of cryptocurrency and finance.