Steve, what do you mean by "Daily maintenance is down to about one minute. The reset lasts 20 minutes" So is the system unavailable for 1 min or 20 mins ? thanks
The reset time is 23:50-00:20 EST. Accounts are reset on a sequential basis during this time and you will experience about one minute outage. During this time full-service is not available, for example IDEAL-Pro data cannot be seen for about 6 minutes. But you should still be able to place native orders on all markets. Only unbundled rates have been reduced. I do not think that we have any plans to reduce the bundled rates. The unbundled rates will be 10-20 cents lower than previous.
I think there is an error in your pricing for SGXNK Bundled: Y300 Unbundled: 500 execution + 150 clearing -250 exchange&fee adjustment + 0 regulatory = 400 I think that someone made an adjustment for the execution cost but forgot about the clearing cost. Or is the unbundled supposed to be 100 over the bundled sub 300 price?
That's correct at the moment. With the unbundled most of the time it is cheaper than the bundled if you are daytrading, however, there are a few contracts where this is not the case. Having said that, we will be adjusting our JPY prices very shortly. I'll post an announcement when we do.
steve ... so IB might update any examples on website in next few weeks ( i.e. bundled vs unbundled ) also ... could you estimate the volume threshold where it makes sense for a retail trader to go to unbundled instead of bundled in USA exchange based futures ?
Seth, Yes, we will probably add a comparison shortly. As for a threshold, i can't comment as it all depends on which contract you are trading. There is no firm rule.