[RT] FW: [ibusers] New Cancellation fee/Globex

[ketayun <ketayun@xxxxxxxxxxxxx>]

Earl,

Did you look at this link?

Kate

-----Original Message-----
From: ibusers@xxxxxxxxxxxxxxx [mailto:ibusers@xxxxxxxxxxxxxxx]On Behalf Of Daniel Howick
Sent: Sunday, May 29, 2005 6:50 PM
To: ibusers@xxxxxxxxxxxxxxx
Subject: RE: [ibusers] New Cancellation fee/Globex

Check out this thread on ET:

 

 

 

www.elitetrader.com/vb/showthread.php?s=&threadid=50056&perpage=6&pagenumber=1

 

 

 

 

----- Original Message -----

From: k6252

To: ibusers@xxxxxxxxxxxxxxx

Sent: 05/29/05 1:55:49 PM

Subject: [ibusers] New Cancellation fee/Globex

Could someone please confirm that the way this would work as of June 1..

If someone placed a closing order and changed it 6 times (the 6th price
level being the executed order) there would be a $ 1 charge in addition
to regular commission.

If someone placed 1 opening order (with 5 different prices) and then
did not place a trade at all, there would be a $ 5.00 charge.

What happens at the end of the day if a (day) order was placed and not
filled? Is there a charge, a carry forward, do we let it die instead of
cancelling?

Is that correct?

Thanks,

Kate

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