How Long Before IB Raises Its Rates

[myminitrading]

I say they will raise some sort of fee before year end.

 

[Tums]

peterffy is still in control. He only sold a small portion of his company through IPO. he is still in charge.


the rates are very competitive. there are lots of brokers with similar, or lower rates than IB.

I doubt being a public company will drive the rate up.

 

[SideShowBob]

I hope it's at least as long as it's taking them to add NYBOT on ICE.....(in other words they'll never get around to it)....

 

[Trader KGB]

Quote from Tums:

there are lots of brokers with similar, or lower rates than IB.

That also pay FedFunds - 25bp on cash and let you trade as many markets? If so, please share the list, I'd like to have backups.

Now that they're public, rate/fee increases are not a question of if but when.

 

[traderdragon2]

Raise? If anything they should lower.
If they raise, im gone.

The pain difference between IB and lower rates at other firms isnt enough for me to re-code everything and move. But if they raise, yeah, im gone, and I bet a lot of other higher volume guys will go too.

I could move now and get a raise, but im too lazy