IB's Bust Fees

Discussion in 'Retail Brokers' started by urrterrible, Jan 25, 2009.

  1. I do not know what Bust Fees are and why they would happen. I see this on the website:

    * $50 for the first bust request in a calendar month.
    * $100 per incident for subsequent bust requests in the same calendar month.


    Could this happen if you place a stop loss and then cancel it? Or change it.

    Thanks...
     
  2. A bust [​IMG]
    is when an actual trade takes place and you request that it be rescinded. Bad price is about the only reason, or maybe a stop you think should not have triggered.
     
  3. Surdo

    Surdo

    The BUST fee is only applicable to women with D cups that don't show any cleavage while trading.


    :D
     
  4. hehehe ;) thanks for replies