the IB .005 vs .013 per shares

Discussion in 'Retail Brokers' started by ProgrammerGuy, Sep 27, 2007.

  1. I notice that if you route say an order directly to ARCA via the API it's .013 / share however if you route it to SMART it's only .005, why is that? Where's the catch?
  2. but if you were to manually enter an order in and directly route it to ARCA it would only be .005???? weird!