Moving all cash from IB to Alaron Trading

[jimrockford]

Quote from kiwi_trader:

With IB its only after 10k usd. The first 10k is interest free ... like having a 10k access account and the rest earning good rates.

You can earn the equivalent of interbank interest on all cash in your IB account if you sell EFPs, and thereby eliminate the problem of IB not paying interest on the first $10K.

 

[ML_QUANT]

is that 1.90 all in?

Quote from myminitrading:

Moving all availabe cash from IB to Alaron Flash Futures, $1.90 per side flat.


http://www.flashfutures.com/home.php

 

[jeb9999]

ML QUANT, you should pay a visit to the NFA website and read all about Alaron. Makes some interesting reading.

 

[ML_QUANT]

According to the web it is 1.20 per side + fees that comes to at least like 4.70 which is very high!

Quote from ML_QUANT:

is that 1.90 all in?

 

[ML_QUANT]

thanks jeb, I will. I guess it's going to be all bad news... , anyhow their rates are high, am looking for a CQG broker with low rate...

Quote from jeb9999:

ML QUANT, you should pay a visit to the NFA website and read all about Alaron. Makes some interesting reading.