I'll run through the math: average option traded is roughly .80 KRW .8*100,000 = 80,000 KRW 80000*.002=160 160/930 (exchange rate) = .17 WE ARE TALKING 17 CENTS PER OPTION Now, I admit, we charge a $1 minimum in order to avoid a waste of throughput . But the contract is so small that I'd argue scalping 1 lots is a waste of time and resources. If you are trading 10+ lots, you would still make money on a 1 tick scalp and we'd only be taking in $1.70. Nevertheless we will review our fee structure. In the meantime, if you show some higher volumes we can perhaps talk.
yeah i apologize, i deleted my post...got it totally wrong...i misread the info on your website...since i never traded them. still, it could be lower tho. especially commissions on the k200 futures that amount to more than $11 per contract round trip. lookin' forward to a better schedule anyways. thx
We must have crossed paths during your delete and my post. The K200 has rallied something like 85% since the fee was made and thus the fee has increased (we are charged in bps as well). We'll see what we can do with this as well.