Commission Structure for Equities

[Spectre2007]

What is the lowest commission structures you have encountered?.. or advertise what your paying or your firm charges.

-per share
-per trade

and which one takes priority above..

 

[wintergasp]

What is the lowest commission structures you have encountered?.. or advertise what your paying or your firm charges.

-per share
-per trade

and which one takes priority above..

IB's rate so far are the best I have seen. I have negotiated tier pricing with prime brokers with who we had over 300m in deposit and still they weren't beating IB. Service is different tho

 

[Robert Morse]

-per share
-per trade

Our lowest "advertised" rates are :
$0.0010 Over 15,000,000 shares (Not tiered)
$2.50 Over 10,000 trades

https://www.lightspeed.com/pricing/commission/

Bob

 

[Spectre2007]

Our lowest "advertised" rates are :
$0.0010 Over 15,000,000 shares (Not tiered)
$2.50 Over 10,000 trades

https://www.lightspeed.com/pricing/commission/

Bob

if you put a order to go through for 1 share on a trade, what would the commissions be?

 

[Robert Morse]

if you put a order to go through for 1 share on a trade, what would the commissions be?

The posted minimum commissions on most of our platforms are $1.00. I sent you a PM.

 

[Spectre2007]

What does all this have to do with commission rates?

transaction costs play a larger role in some systems. Some algo's try to detect orderflow patterns intraday. Using systems that trade on daily data bypasses this.

 

[Robert Morse]

transaction costs play a larger role in some systems. Some algo's try to detect orderflow patterns intraday. Using systems that trade on daily data bypasses this.

I don't need to know the details of your strategy, just what you are asking for, for a given monthly volume. I'd rather discuss this over the phone.