Hello, i was just interested, so I kindly ask you to vote in the above poll: Given that there will be at least *some* liquidity in SSFs, will you continue to trade NYSE or will you utilize the SSF, which has of couse some adantages (down tick, margin). Regards
I might be wrong (I'm an under-25k) but SSF contracts will charge about min $5/contract. So for 1000 shares equivalent, that's $50 for the contracts alone and then the roundtrip commission. (A day trade will be about $150 RT) No, I will trade stocks for about $20 RT comm.
That makes it the same cost as trading 100 shares of the underlying security, commission-wise. Gotta love IB.
Yes, $1/contract on IB; Well, I guess I'll be adding liquidity; SSF will be the solution to my problem-pattern daytrading rule for under 25k traders. Q: how does IB offer such low commission compared to other brokers? I might sign up with them
That's like asking why the market goes up or down. Frankly, it doesn't matter, just follow along and make the most of it.