IB's Bust Fees

I do not know what Bust Fees are and why they would happen. I see this on the website:

* $50 for the first bust request in a calendar month.
* $100 per incident for subsequent bust requests in the same calendar month.


Could this happen if you place a stop loss and then cancel it? Or change it.

Thanks...
 
A bust
delmonic_bust_lg.jpg

is when an actual trade takes place and you request that it be rescinded. Bad price is about the only reason, or maybe a stop you think should not have triggered.
 
Quote from urr terrible:

I do not know what Bust Fees are and why they would happen. I see this on the website:

The BUST fee is only applicable to women with D cups that don't show any cleavage while trading.


:D
 
Back
Top