Quick IB Commish Question

Quote from Trvlwanderer:

500 shares = $2.50 one way

3000 shares = 15 one way.

1000 shares = $5.00 one way.

So easy a cave man could do it. :)

It appears they are great if you are trading small sizes in expensive stocks. If you are trading big sizes in cheaper stocks, forget about it.

Am I correct that it is .25 cents to cancel an order? So if you use OCO to manage trades, add another buckish to each trip.
 
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