Interactive Brokers Announces Drop in U.S. Futures & Futures Options Fees
GREENWICH, CT, April 12, 2010 — Interactive Brokers announces a reduction in fees charged to customers for trading U.S. Futures and Futures Options. In keeping with its tradition of being the low cost industry leader, Interactive Brokers is lowering and simplifying its U.S. Futures and Futures Options commission structure. Customers can now choose from two low cost pricing plans:
- Fixed Rate Plan. USD 0.85 per contract plus exchange and regulatory fees.
- Volume Tiered Plan. USD 0.25-0.85 per contract plus exchange, regulatory and carrying fees. Four different price tiers based on monthly trading volume are available.
Interactive Brokers can afford to be the low-cost provider because it executes, self-clears and builds its own trading technology in-house with a focus on automation. Interactive Brokers clients can trade equity, forex, fixed income, energy, metals, and other commodities futures and futures options worldwide from a single account.
In addition, we have simplified the tiers in our unbundled pricing structure for all non-U.S futures and futures options. Visit us at www.interactivebrokers.com/futures to learn more.
About Interactive Brokers
Interactive Brokers Group, Inc., together with its subsidiaries, is an automated global electronic market maker and broker specializing in routing orders and executing and processing trades in securities, options, futures, foreign exchange instruments, bonds, and funds as a member of more than 80 electronic exchanges and trading venues around the world. The company provides professional traders and investors with electronic access to stocks, options, futures, forex, bonds and funds. Employing proprietary software on electronic exchanges worldwide, Interactive Brokers is continuously integrating its software with a growing number of exchanges and trading venues into one automatically functioning, computerized platform that requires minimal human intervention.
Press Contact: Andrew Wilkinson Interactive Brokers Group, Inc. (203) 913-1369 email@example.com