SEC Fees in IB

Discussion in 'Interactive Brokers' started by Tech Analysis, May 9, 2002.

  1. Tech Analysis

    Tech Analysis

    I notice that IB doesn't deduct the SEC fees on sales of securities like Datek and many others do, at the time of the sale. Is this a year-end adjustment issue or do they absorb them? (I don't know how with their low fees to begin with)
     
    #1     May 9, 2002
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  2. Fohat

    Fohat

    IB absorbs them. Commissions of [0.005/share +$2.50], or less, inslude all the fees.
     
    #2     May 9, 2002
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