How are commissions considered for purposes of the European Equities and Derivatives Display Value Bundle waiver?

Research and market data subscriptions are billed on a monthly cycle in advance and if you maintain a subscription for any period (even less than a full day) during the month, you will be obligated to pay as if you were subscribed for the entire month. The monthly billing cycle starts on the first U.S. business day of the month. Note that exchanges do not prorate subscription fees for mid-month elections nor do they offer refunds for subscriptions cancelled mid-month. …

Subscription fees are assessed based on the number of users subscribed to the service on an account. If multiple users are subscribed, there will be multiple charges assessed to the account. The market data fees displayed in Client Portal and the website are per month…

Account holders can designate a billing account from which all market data fees will be deducted.  We recommend that you select the account that generates the greatest level of commission activity if your subscription provides for fee waiver and should your monthly commissions reach a minimum threshold (e.g., U.S. Securities & Commodities Market Data Bundle). IBKR will only look to the activity conducted in the billing account to determine waiver eligibility rather than aggregating the commission activity across all linked accounts. …

Clients who subscribe to the U.S. Securities Snapshot and Futures Bundle after February 2018 are required to pay the monthly subscription fee prior to the service being activated. If a client generates monthly commissions of at least USD 30 this subscription fee will be waived. A determination as to whether a given account is eligible for this waiver is not made until the month concludes and a credit is generally not provided until the first week of the following month. This credit can be verified via the Activity Statement available via Client Portal…