By the way, you should definitely not stay with a broker whom you accuse of malicious and disingenuous acts from the get go. If you have so little trust in IB better to change firms no?
IB changing the Quote subscription
- Thread starter SoesWasBetter
- Start date
Now you are acting like a child- did you really find it necessary to include this last snipe? I guess your feelings were hurt that some folks don't bow down to the IB gods....or lick their boots, as the case may be.
We are talking about 4 dollar 50 cents. I let others judge who is childish here. I made my case. I will read in more details the changes that regulators stipulate starting March 2017. It may have interesting repercussions for the whole industry. Possibly a turning point towards regulations that favor again a more centralized market place.
Man, I'm so glad the regulators are again protecting the little guy by breaking something that didn't need fixing and as a result, increasing fees. I sure feel protected by the SEC and other regulatory bodies. What a joke (again).
Have you found a link from a regulator or any news articles describing this regulatory change?
The fees are NOT increasing, I was always paying the 4.50 to get rtq.
Fragmented US exchange markets don't need fixing? What are you smoking? I need some of that stuff.
That is absolutely not true. Example Bloomberg: every employee flies business class no matter how junior. Every employee stays at top 5 star hotels in every major city on earth where they may fly to to conduct business. Every employee gets a very generous health care plan. Every employee gets ample vacation. They stock their pantries to the hilt with goodies, including fresh fruits (secret: must visit location is Bloomberg Tokyo just for its pantry). They certainly do not strive to drive down costs. At least not beyond certain limits. And Bloomberg is probably one of the best run business in the entire world. Brilliant business model, grave digger like product need, impossible to penetrate product range. Customers who really don't give a shit to pay up for BBG's products. Unparalleled customer service like nowhere else, quite literally.
Cost is only a small part of a thriving business. Most who drive cost down without limit are actually shitty businesses that operate on shaky practices with questionable long term prospects, mostly because their employees have lost all of their loyalty if they ever had any to begin with. Disloyal employees are unmotivated.
Cost is only a small part of a thriving business. Most who drive cost down without limit are actually shitty businesses that operate on shaky practices with questionable long term prospects, mostly because their employees have lost all of their loyalty if they ever had any to begin with. Disloyal employees are unmotivated.
As said I will spend a little this weekend to read up on a few things in this space. Am happy to share when I find more. How about you? Any thoughts?