Commissions

EFPs - Pricing Structure


EFPs
Order Size 1 Flat Rate Commission per Contract
< 100 Contracts USD 0.50
100 - 499 Contracts USD 0.30
500 - 1,999 Contracts USD 0.25
2,000+ Contracts USD 0.20


Carry Fees
All SSFs
OneChicago Products 0.00020% Open Position Value, charged daily


Delivery Fees
All SSFs
OneChicago Products 0.0005% Delivery Value


Notes:

  1. Rates are not tiered on cumulative contracts or execution size, but rather order size. A 250 contract order, executing 50 contracts would be charged USD 0.30 per EFP contract.

  • Commissions apply to all order types.
  • All exchange and regulatory fees included on the execution. External carry fees and delivery fees will apply to the stock future leg.
  • VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
  • IB's Tiered commission models are not intended to be a direct pass-through of exchange and third-party fees and rebates. Costs passed on to clients in IB’s Tiered commission schedule may be greater than the costs paid by IB to the relevant exchange, regulator, clearinghouse or third party. For example, IB may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IB may be less than the rebates IB receives from the relevant market. For example, IB may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients.
  • Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 contracts is submitted and 100 contracts execute, then you modify the order and another 100 contracts execute, a commission minimum would be applied to both 100 contract orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
  • IB’s Cost Plus commission models are not guaranteed to be a direct pass-through of exchange and third-party fees and rebates. Costs passed on to clients in IB’s Cost Plus commission schedule may be greater than the costs paid by IB to the relevant exchange, regulator, clearinghouse or third party. For example, IB may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IB may be less than the rebates IB receives from the relevant market.