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Monday, October 24, 2005

Rumor of reduced commissions at Interactive Brokers...

Rumor is that IB dropped commission rates for US Equities to $0.005/share all-inclusive. Read this thread from EliteTrader for more details on the rumor.

Not sure if this is true or not...but if so...might need to re-evaluate my broker choices. Hmm....

Later Trades,

MT

2 comments:

  1. Anonymous6:01 PM

    Hi Taylor Tree,

    The price reduction at IB is true. They issued a press release outlining the fee reductions.

    http://www.interactivebrokers.com/en/general/about/mediaRelations/10-24-05.php?ib_entity=ca#uk

    They fee change begins on Nov. 1, 2005

    Cheers,

    Scott

    ReplyDelete
  2. Thanks for the confirm!

    Great news.

    Mike

    ReplyDelete