How Long Before IB Raises Its Rates

Discussion in 'Retail Brokers' started by myminitrading, May 8, 2007.

  1. I say they will raise some sort of fee before year end.
  2. Tums


    peterffy is still in control. He only sold a small portion of his company through IPO. he is still in charge.

    the rates are very competitive. there are lots of brokers with similar, or lower rates than IB.

    I doubt being a public company will drive the rate up.
  3. I hope it's at least as long as it's taking them to add NYBOT on ICE.....(in other words they'll never get around to it)....
  4. That also pay FedFunds - 25bp on cash and let you trade as many markets? If so, please share the list, I'd like to have backups.

    Now that they're public, rate/fee increases are not a question of if but when.
  5. Raise? If anything they should lower.
    If they raise, im gone.

    The pain difference between IB and lower rates at other firms isnt enough for me to re-code everything and move. But if they raise, yeah, im gone, and I bet a lot of other higher volume guys will go too.

    I could move now and get a raise, but im too lazy :)