IB papertrader commisions

Discussion in 'Retail Brokers' started by promagma, Mar 4, 2006.

  1. promagma

    promagma

    Do unbundled commisions work in paper accounts? I am perplexed by the commissions on my statement... is it trying to do bundled, unbundled with rounding to the dollar, or what. Here is an example:

    ALXN 2006-03-01, 09:30:15 SUPERSOES -100 37.5800 3,758.00 -1.00
    ALXN 2006-03-01, 09:30:19 SUPERSOES -100 37.5800 3,758.00 -2.00
    ALXN 2006-03-01, 09:30:28 SUPERSOES -100 37.5400 3,754.00 -1.00

    Each piece of the partial execution has a $1 minumum?
    Where did the $2 come from?

    $4 to trade 300 shares .... the outrage!! :D I hope I can figure how this works before going live....