A Modest Proposal (for IB)

Discussion in 'Interactive Brokers' started by mgkrebs, Jul 15, 2002.

  1. A Modest Proposal (for IB)
    How about a commission scale that would reduce commission on a sliding scale, sort of like the 1/2 cent per share charge on share amounts over 500 on a trade. What I'm proposing is that IB give a customer that 1/2 cent rate on all subsequent shares for the same symbol on a given day.

    This would be great for scalpers or index traders who trade the same symbol repeatedly throughout the day.

    Example, trade 1000 qqq, pay $7.50, next trade and each following trade on that day, trade 1000 qqq, pay $5.00.

    How 'bout it?


    Why don't they just do for free?? I would pay more if their POS system would stay connected for a change.

    John
     
    #11     Jul 18, 2002