IB trading arcade commission cut on US futures

G

GeorgeSoros

Hi,
I would like to discuss this topic a bit.

Has anybody thought about creating an online trading group in Europe in order to profit from this new lower commissions ?

Some examples of new roundturn commissions :

CBOT:
YM: 2.84$-2.64$-2.39$-2.19$-2.09$
(VF is 2.80$-2.50$-2.20$-1.90$-1.80$-1.75$)

ZB-ZN: 2.88$-2.68$-2.43$-2.23$-2.13$
(VF is 2.15$-2.00$-1.80$-1.60$-1.45$-1.30$)

CME:
ES-NQ-ER2: 3.54$-3.34$-3.09$-2.89$-2.79$
(VF is 3.90$-3.75$-3.32$-3.00$-2.82$-2.52$)

EUR-JPY-GBP: 3.54$-3.34$-3.09$-2.89$-2.79$
(VF is 4.75$-4.45$-4.10$-3.75$)

VF stands for VelocityFutures


As you can see it is particularly interesting for CME FX!

So what about a union of independant online traders in order to get rebates at IB ?
 
People do this all the time.

In fact, that is in effect why an Introducing Broker gets such good rates.

But I am curious, if you do not do a lot of volume, commissions just aren't an issue. If you do a lot of volume though, it does make sense to team up with others that do.

nitro
 
... for volume trading a week ago, but they said it's not available. With a full service or institutional broker, it's more negotiable.
 
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