IB's commission of VIX futures

Discussion in 'Interactive Brokers' started by SoCalOptionsWriter, Feb 9, 2023.

  1. IB says futures are .85 a contract, but when I got to sell a VIX contract it says my commission is $1.50? Are VIX futures unique in that regard? Or are fees included?
     
  2. mervyn

    mervyn

    probably cboe fee add-on
     
  3. rb7

    rb7

    In the US, for futures, the trade cost must be calculated as:
    Commission + Exchange fees + Regulatory fees.
     
    stochastix likes this.
  4. M.W.

    M.W.

    Like everything nowadays. All the add-in admin fees, regulatory fees, taxes, fuel surcharges, planning fees, consultation fees... All this shit nowadays makes up more than 50% and in some cases far more of the final price. That's how you get from a 120k public toilet to a 1.6 million expensive public loo.

     
  5. tony.m

    tony.m

    Add Exchange fees + Regulatory fees on top of whatever IBKR tells you.
     
    stochastix likes this.
  6. "Spread/Slippage", too.

    With all the costs, difficult to "scalp" and make out. Need to play for bigger to cover the costs and have some left over for you.
     
  7. qwerty11

    qwerty11

    Fortunately there's lots of competition between the exchanges so the fees are relatively limited.