As a director of an IB, my greatest concern is that our clients get good value for their money. With transaction fees increasing by as much as 20%, I would expect that the CME would provide a similar increase in value for the customers. I fear that this is simply going to be an increased source of revenue without a corresponding increase in service. To that end, I would ask the CME to justify these increases to our (and the CME’s) customers. Without such justification, I would expect that customers will push back against the fee increases, which will have…