TS Fees changeover continues to generate heat

I haven't been posting much on this, but have been following it regularly over at Midas Oracle. The forum link is here.

My simple thoughts:
1) Any change in fee structure that affects the value of contract position is a terrible thing that will reduce market liquidity and/or drive away to competitors, due to the uncertainty that it represents. Liquidity is drawn to stability, and fleeing from instability.

2) The U.S. government does this all the time. Recently, the threat of legislative changes to energy "price gouging" and private equity tax treatment come to mind. And here is an oldie-but-goodie.

The problem for we traders and US-based taxpayers is, it is hard to trade up to another exchange or country. But it still sucks. For now.