Global Snapshot is a market data service that allows a user to request snapshot real-time price quotes for a single instrument on a request basis from available exchanges worldwide. This service, referred to as “Snapshot Quotes”, differs from the traditional quote services which offer continuous streaming and updates of real-time prices.
Once your account value is greater than USD 500, Snapshot capability will be automatically enabled for your IBKR account. Clients will receive USD 1 in snapshot quotes free of charge each month. Free snapshots may be applied to either U.S. or non-U.S. quote requests and charges will be applied, without additional notice, once the free allocation has been exhausted. Clients may review their snapshot usage as of the close of each business day via the Client Portal.
If you see a fee for "GLOBAL SNAPSHOT" on your statement, it is because you requested snapshot real time quotes on your trading platforms. Snapshot quotes are offered as a lost-cost alternative to clients who do not trade regularly and do not want to rely upon delayed quotes when submitting an order.
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