IB charge for overnight futures

Discussion in 'Retail Brokers' started by smithi, Jan 1, 2008.

  1. smithi

    smithi

    I have noticed that IB charges for future position held overnight, Does anyone know if other brokers charge for this, if so what is the reason
     
  2. Surdo

    Surdo

    R.J.O' Brien/ Tradestation charges .10/Contract, for overnight positions. This is really putting a damper on my budget for Russian hookers.
     
  3. jordanf

    jordanf

    IB only charges the carrying fee if you are unbundled, right?
     
  4. You are correct. No charge if paying bundled commission rate.
     
  5. smithi

    smithi

    thanks for the info. Now that makes it even harder to calculate