Trading fees

[steve12]

Quick question...how much commission do IB charge their buyside clients for trades...i.e if they buy/sell a block of 10,000 shares of Dell is it based on the value, how liquid the stock is?

I know for retail investors commish usu around 3% of the trade but with instit what would be the equivalent?

Thanks

 

[sydneybound]

we pay 15 points, large buy siders will pay between 5 and 10 points. usually has a minimum attached of $50 or $60

retail is not 3%, i pay about 50 points.