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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (59892)11/14/2000 5:34:34 PM
From: Nemer  Read Replies (1) | Respond to of 63513
 
You are correct about the upcoming fee structure ...

in my defense and as an act of desperation to camoflage my creeping senility ....

" I meant to type in"

a) 2bucks per trade on Options
b) 3bucks per trade
c) 2bucks are NOT allowed on most Texas deer hunting licenses

so here is a cut and paste from an email I got ....

>>>>>>>>

October 30, 2000, Chicago ---Interactive Brokers LLC (www.interactivebrokers.com), starting December 1, 2000, will cut the cost of trading in futures to $2.95 per contract, making IB retail commission rates the lowest in the industry among direct access brokerage firms. At the same time, IB is releasing an entirely new user interface, the next generation Trader Workstation for both institutional and retail clients.
IB's new futures commission schedule, along with its equity commission rate of $0.01 per share with a $1.00 minimum and its options rate of $1.95 per contract, is targeted to sophisticated retail customers and professional traders looking for high-speed execution and worldwide market access.


IB's global market access spans 39 exchanges within 17 different countries. This includes all major U.S. stock exchanges, five U.S. options exchanges, four U.S. futures exchanges and seven ECNs (electronic communications networks). Adding to this unrivaled access, IB offers customers the opportunity to trade through a/c/e, a joint venture between the Chicago Board of Trade (CBOT) and Eurex.



Adding a/c/e to the already substantial array of liquid futures marketplaces, such as Globex, gives investors yet another reason to choose IB for their global electronic routing needs.


Customers using the new Java-based Trader Workstation can view multiple windows simultaneously,
sizing the trading screen and arranging its contents to their preference. (italics mine)
Furthermore, customers are given the opportunity to choose from a multitude of options when entering, modifying and transmitting orders. For instance, many of the tool bar functions can be replicated by pointing to the order entry line and right clicking on the mouse.

"With the Java-based Trader Workstation, IB customers will continue to trade with real-time streaming quotes, clicking on bids and offers for direct access and Best Execution. The Java-based Trader Workstation will empower IB clients to trade even more effectively than they already do today. For the first time, users will be able to build a screen around the Trader Workstation, adding the additional trading applications of their choice.

For more information on IB commission rates, the Java-based Trader Workstation, and IB's participation in a/c/e see www.interactivebrokers.com

*****************
For More Information Contact:
Carla Cavaletti
Interactive Brokers LLC
press@interactivebrokers.com
312-542-6928