IB k200 intraday chart could not refresh

Quote from Bitstream:

it is still way off. those are a beauty to trade intraday, very liquid, tight spread and move in tandem with the index, even some of the otm strikes. i saw an example on ib website were if u wanna purchase an option priced at .75 u end up payin' 1 full dollar to include commissions. multiply that per 100 and u end up payin' 10k instead than 7.6k if u pay for example $1 commission per contract. all approx. dunno if i read wrong or what.
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I'll run through the math:

average option traded is roughly .80 KRW

.8*100,000 = 80,000 KRW

80000*.002=160

160/930 (exchange rate) = .17

WE ARE TALKING 17 CENTS PER OPTION

Now, I admit, we charge a $1 minimum in order to avoid a waste of throughput . But the contract is so small that I'd argue scalping 1 lots is a waste of time and resources. If you are trading 10+ lots, you would still make money on a 1 tick scalp and we'd only be taking in $1.70. Nevertheless we will review our fee structure. In the meantime, if you show some higher volumes we can perhaps talk.
 
yeah i apologize, i deleted my post...got it totally wrong...i misread the info on your website...since i never traded them. still, it could be lower tho. especially commissions on the k200 futures that amount to more than $11 per contract round trip.


lookin' forward to a better schedule anyways.

thx
Quote from def:

I'll run through the math:

average option traded is roughly .80 KRW

.8*100,000 = 80,000 KRW

80000*.002=160

160/930 (exchange rate) = .17

WE ARE TALKING 17 CENTS PER OPTION

Now, I admit, we charge a $1 minimum in order to avoid a waste of throughput . But the contract is so small that I'd argue scalping 1 lots is a waste of time and resources. If you are trading 10+ lots, you would still make money on a 1 tick scalp and we'd only be taking in $1.70. Nevertheless we will review our fee structure. In the meantime, if you show some higher volumes we can perhaps talk.
More...
 
Quote from Bitstream:

yeah i apologize, i deleted my post...got it totally wrong...i misread the info on your website...since i never traded them. still, it could be lower tho. especially commissions on the k200 futures that amount to more than $11 per contract round trip.


lookin' forward to a better schedule anyways.

thx
More...

We must have crossed paths during your delete and my post. The K200 has rallied something like 85% since the fee was made and thus the fee has increased (we are charged in bps as well). We'll see what we can do with this as well.
 
Quote from def:

We must have crossed paths during your delete and my post. The K200 has rallied something like 85% since the fee was made and thus the fee has increased (we are charged in bps as well). We'll see what we can do with this as well.
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thx again, appreciate it.
 
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