Subject: Re: OT: Interactive Broker question
For old buds, “ The firm runs on Peterffy’s original premise: automate everything. That ethos drives the business to charge fees so low that rivals no longer try to compete on price. Instead, they offer “free” trades while harvesting profits through hidden spreads. Interactive Brokers remains the platform of choice for hedge funds, professional traders, and anyone who understands that there are no free lunches on Wall Street.” Reality 101.