IB US Options order modification fee

Discussion in 'Retail Brokers' started by sondermark, Nov 24, 2010.

  1. Hi everyone,

    Does anyone know if IB charges fees for US option order modifications?

    From the homepage it seems that they do charge for cancellations and imply that this might also be the case for modifications. In my strategy I need to purchase/sell options at aggressive prices inside the spread therefore I likely need to update orders quite a few times before getting executed.
  2. They treat option order modifications like a cancellation and subsequent re-entry. Note though if the trade finally executes, you get (part of) the fee back as explained on their fee site.
  3. dst

    dst Interactive Brokers