I'm currently unbundled and totaling over $10k each month in commissions trading futures and options on futures. Does anyone have experience negotiating with IB? Do they do discounts/rebates?
You should go to Global futures they are cheap, also if you trade that much you might want to lease a seat.
IB's commission negotiation policy is take it as is or leave it. For volume trading you need a clearing firm such as Advantage Futures. Commissions drop to $0.29 a side after 2,000 sides, $0.19 a side after 5,000 sides and $0.07 a side after 10,000 sides. You will have to pay for a trading platform. Leasing a seat makes sense if the majority of your trading is at one exchange.