Nasdaq no longer charges non pro. Regardless of platform and status everyone is charged as pro by nasdaq effective 9/01.[12:32:09 PM] NASDAQ HAS STARTED CHARGING PRO FEES TO EVERYONE EFFECTIVE 9/1/2011 The rates are Nasdq Level I-$21.78 Total View -$82.75
cheap schmucks..chasing few extra bucks from poor retail folks..it's should be exact opposite-free for all retail accounts
Yeah I don't see anything either. It seems strange they could make it retroactive to Sept 1st also. -Guru
This is ET. Sources are completely unnecessary. Just take the post as fact, no need to know the source of info.
FYI I was told this only applies to accounts that are classified as entities (ie LLC's, Corp, etc). Basically any entity account is now being considered a pro account now and thus is being charged the pro data rates. This was effective at the beginning of Sept. Thats what I was told, -Guru
phew..it been always like this. and pro data fees was always applied to any type of entity. think about for a second..how you can possibly apply individual retail fees to the firm? read the definition of "pro" while subscribing for any data or service. http://individuals.interactivebrokers.com/en/p.php?f=marketData