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Tracking exchange fees

CME Group to offer Duco fee data control and reconciliation services

11 November 2016

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The CME Group will offer Duco Technologies’ fee data control and reconciliation services to its members beginning in January. Recognized by FIA in 2015 one of the industry's most promising startups, Duco has developed a product that enables member firms to simplify their processes around fee structures without investing in infrastructure or IT resources. CME executives hope the London company’s service will help their members stay aligned with the group’s current pricing components. “Duco’s service will reduce manual work, drive efficiency and ensure accuracy between parties,” said CME Group Chief Commercial Officer Bryan Durkin.

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