What is the NFA fee for futures exchange?
Can you please clarify what the NFA fee is specifically for when it comes to futures exchange in the cryptocurrency and finance world? Is this a regulatory fee imposed by the National Futures Association (NFA) on exchanges that offer futures trading? And if so, how does it impact traders and investors who engage in such transactions? Additionally, are there any specific requirements or guidelines that exchanges need to adhere to in order to avoid any penalties or fines related to this fee?