A Modest Proposal (for IB)
How about a commission scale that would reduce commission on a sliding scale, sort of like the 1/2 cent per share charge on share amounts over 500 on a trade. What I'm proposing is that IB give a customer that 1/2 cent rate on all subsequent shares for the same symbol on a given day.
This would be great for scalpers or index traders who trade the same symbol repeatedly throughout the day.
Example, trade 1000 qqq, pay $7.50, next trade and each following trade on that day, trade 1000 qqq, pay $5.00.
How 'bout it?
Why don't they just do for free?? I would pay more if their POS system would stay connected for a change.
John
How about a commission scale that would reduce commission on a sliding scale, sort of like the 1/2 cent per share charge on share amounts over 500 on a trade. What I'm proposing is that IB give a customer that 1/2 cent rate on all subsequent shares for the same symbol on a given day.
This would be great for scalpers or index traders who trade the same symbol repeatedly throughout the day.
Example, trade 1000 qqq, pay $7.50, next trade and each following trade on that day, trade 1000 qqq, pay $5.00.
How 'bout it?
Why don't they just do for free?? I would pay more if their POS system would stay connected for a change.
John