The purpose of this letter is to express an opinion regarding the CME’s announcement to increase its market data fees. Market participants, professional users and brokers alike are largely unaware of what the CME intends to do and how much of an impact it will have on their trading activities and respective businesses. It should be noted that from a broker’s perspective it is understood that real time access to market data is not something that is expected to be at no charge. Brokerage firms and traders are willing to pay for real time access, however the fees associated with…