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Interactive Brokers Lowers US Futures Pricing in April Customer Update

|Includes: Interactive Brokers Group, Inc. (IBKR)
 Interactive brokers (NasdaqGS: IBKR) released the following announcement in it’s quarterly “IB Communique” email newsletter to IB customers.

In keeping with our tradition(1) of being a low-cost(2) industry leader, Interactive Brokers is lowering commissions on US Futures and Futures Options. Effective April 12, 2010, you will be able to choose from two simple, low cost pricing plans:

Flat Rate: USD 0.85 per contract, plus any exchange and regulatory fees.
Volume Tiered: USD 0.25 – 0.85 per contract based on monthly trading volume, plus exchange, regulatory and carrying fees.

In addition, we have simplified the tiers in our unbundled pricing structure for all non-US futures and futures options.

We are able to keep our prices low because we execute, self-clear, and build our trading technology in-house, always focusing on automation. As an IB customer, you can trade equity, forex, fixed income, energy, metals and other commodities futures and futures options worldwide, from a single account.

To learn more, visit us online at

[1] Low cost broker 2005 through 2010 according to Barron’s online broker review. 2005 – 5 Stars, 2006 – 5 Stars, 2007 – 4.8 Stars, 2008 – 4.5 Stars, 2009 – 4.5 Stars, 2010 – 4.2 stars. [2] According to Barron’s How Barron’s Ranks 22 Leading Online Brokers – March 15, 2010, ranked Interactive Brokers with a 4.2 star rating for cost. Barron’s is a registered trademark of Dow Jones & Company, Inc. Criteria included Trade Experience, Trading Technology, Usability, Range of Offerings, Research Amenities, Portfolio Analysis & Report, Customer Service & Education, and Costs.