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Re: [RT] Option order cancellation fees



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Alex,

So, am I to understand that the cancellation fee will only apply to brokerages that are above a certain option volume?  If that is the case, then I think that I am not the only one who misunderstood that point.




In a message dated 4/24/2003 5:39:37 PM Central Daylight Time, AJacobson@xxxxxxxxxxxxxx writes:

It has nothing to do with Schwab and Fidelity not passing it.  The character
of their flow will never approach the threshold.  BTW IB overall traffic may
also not make the threshold.  They appear to charging it in expectation of
hitting it.









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