Just noticed these scummy options exchanges charge 1.50 to cancel

Discussion in 'Options' started by stock777, Nov 3, 2008.

  1. What a scam.

    They probably make more on cancels than trading.

  2. How do you clowns trade with 1.50 cancels?
  3. Simple, go with a firm that doesn't charge the cancellation fee. You gotta pay to play.
  4. zdreg


    exchanges charge the fees not the firm.
  5. BOX (and others ) charge 10 cents. Not sure, but I didn't think there are any that charge 1.50 as I thought the most expensive was CBOE at $1
  6. Doesn't matter if the pope charges the fees, I don't pay them at the moment so its all the same to me.
  7. Yup, like everything.... its all negotiable. Who do you trade with if your willing to share?
  8. A good trader doesn't need to cancel orders.


    Trading guru
    Master financial educator
    97% winning trades
  9. Certainly, nothing special, just think or swim.
    #10     Nov 4, 2008