IB Charging quote fees now?

Discussion in 'Interactive Brokers' started by ddefina, Dec 21, 2001.

  1. Def wrote:
    "Minimum Savings: 160-60 = 100 per day. assume 20 days per month = $2000 per month = $24,000 per year."

    Of course, with this kind of volume, one could further reduce the commissions by trading e-mini Naz contracts rather than the QQQ.

    Minimum Savings: $60.00-$19.20 = $40.80 per day. assume 20 days per month = $816 per month = $9792 per year.
    #71     Jan 23, 2002
  2. DEM



    Am I right, that I am not able to trade without subscriping to IB's Quotes?


    #72     Jan 23, 2002
  3. DEM,

    Nope, here's the relevant info from their web site:

    If you have a US equity or option Non-Professional account, you may choose to receive no market data. In this case you will be charged an inactivity fee of $3 on the first of each month, less any commissions you spent in the preceding month. These accounts may trade without market data. All Professionals and futures accounts must subscribe to at least one market data service.
    #73     Jan 23, 2002