Rebates with IB

Discussion in 'Order Execution' started by CodeX, Feb 1, 2014.

  1. CodeX

    CodeX

    Do you know whether IB supports rebate trading for trades which provide liquidity?
     
  2. elite74

    elite74

    yes.

    the details are on their website, under commissions.

    My own analysis suggested you need 300k or 1M volume/month to breakeven depending on the product/exchange, then you start getting rebates.
     
  3. Yes they do.

    I don't do much volume and I have been getting nett positive commissions on some options trades. I have not bothered to look at which exchanges as I am a swing trader and view commissions as a cost of doing business. There are bigger fish to fry. :)
     
  4. I don't get any commission yet. Contacted customer support and yet to get a reply.
     
  5. You do but there is a volume requirement I believe.
     
  6. vanv0029

    vanv0029

    I think even forl low volume retail traders, IB does offer tiny rebates for
    adding liquidity. I rolled a CMG March 515P and 595C strangle up to
    555P and 610C. Each leg had a rebate of between 9 and 16 cents.
    At least there were no commissions.