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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who started this subject1/31/2004 9:36:36 AM
From: TFF   of 12617
 
Interactive Brokers offers a new optional unbundled futures commission schedule

interactivebrokers.com

Beginning March 1, 2004, Interactive Brokers will be introducing a new optional unbundled futures commission schedule to more closely match the variable product pricing instituted by many of the futures exchanges and to better reflect the needs of our different classes of customer. The new unbundled fee schedule will specifically charge for the execution, clearing, carrying, exchange, and regulatory costs of doing a trade and will be applied based on cumulative monthly trade volume summed across all futures and futures options products at the time of the trade.

Those customers not explicitly opting into the new unbundled price structure will continue to be charged Interactive Brokers' current bundled futures commission schedule. If you would like to opt into the new futures unbundled pricing schedule, you should log into Account Management/Commission Schedule after February 15, 2004. Opting into the unbundled price structure applies to all futures and futures options products and you many not choose a pricing option by product or exchange.
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