IB new commission for low vol traders

Discussion in 'Interactive Brokers' started by ADX_trader, Feb 15, 2004.

  1. Correct me if I am wrong.

    If I trade less than 300 RT per month of Eurex futures, I can still save money to choose the new schedule. It is 1.4 Vs 2 per side. Is this correct?
  2. BKuerbs


    it depends upon what future you trade:

    for the FDAX it is: 1,00+0,40+0,50+0,01 = 1,91 + overnight fee

    for the FESX it is: 1,00+0,40+0,30+0,01=1,71 + overnight fee

    for the Bonds it is: 1,00+0,40+0,20+0,01=1,61 + overnight fee.

    Overnight fee = 0,10 per night.

    So it looks like for a bondtrader there is something like an almost 20% saving, if he does not hold overnight.

    And if you hold overnight, the FDAX is cheaper using the bundled fee.

    But this is all my interpretation....


    Bernd Kuerbs
  3. Bukerbs

    You are adding .01 only for overnite holding instead of .10 in bundled pacakge.
    Dax supposed to be 2.00 instead of 1.91 as well as others. IMO
  4. BKuerbs


    I do not understand what you write. The 0.01 I added are the "Regulatory fee" as stated on the site of IB.

    E.g. the 1,91 for the FDAX are for intraday trades. If you hold overnight it will be 2,01 (one night).

    Could you post an exact example of what is your interpretation?


    Bernd Kuerbs
  5. Yes. Bonds are my major trading toys and I never hold one overnight. It is 1.6. and the FESX it is 1.7, so the new schedule is for me. :cool: