Saturday, July 31, 2010

Commission

Commission scripts are used to calculate the brokerage commission for executed order fills. Different brokerages have different commission schemas which can have a huge effect on a trading system's performance.

Commission Screenshots

Commission Script Commission Setup
A commission script open in the script designer. The portfolio accounts and their commission scripts.
Commission Per Trade
The trades created by the trading strategy scripts. (The commissions are created by the commission scripts).

Commission Scripts

The IQBroker automated trading platform ships with a library of premade commission scripts that can be used without any programming, while custom scripts can easily be developed using the resource designer and IQLanguage.

ID Name Author Last Update
CPO Commission Per Order Admin 2010-04-21
CPU Commission Per Unit (Share / Contract / Lot) Admin 2009-06-23
CPOPU Commission Per Order and Per Unit Admin 2010-04-21
CBI Commission By Instrument Admin 2010-04-21

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