Moving all cash from IB to Alaron Trading

You can earn the equivalent of interbank interest on all cash in your IB account if you sell EFPs, and thereby eliminate the problem of IB not paying interest on the first $10K.

 

is that 1.90 all in?

 

ML QUANT, you should pay a visit to the NFA website and read all about Alaron. Makes some interesting reading.

 

According to the web it is 1.20 per side + fees that comes to at least like 4.70 which is very high!

 

thanks jeb, I will. I guess it's going to be all bad news... , anyhow their rates are high, am looking for a CQG broker with low rate...