IB New Commission Rates (Lower!)

Starting June 1, still $.01/shr up to 500 shares, but only $.005/shr for each share after 500 in the same order.

http://biz.yahoo.com/prnews/010517/cgth056.html

 

$7.50 for 1000 share lots and $12.50 for 2000 share lots. I'd say that's pretty sweet.

 

Trade 6 lots and the commission is only $ 3. Wow, Great !

Hope they will also reduce the commission for options and futres trade

 

Actually 600 shares would be $5.50. It's still a penny per share for the first 500 shares.