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:
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
Thanks for the confirm!
Great news.
Mike
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