移动IBKR验证激活 - 25美元佣金奖励

佣金奖励
 
通过下载移动IBKR交易软件(该软件包含IB Key双因素验证),您的账户可获得25美元的佣金奖励。
 
保护账户安全
 
当您账户下的所有使用者都加入了安全登录系统(SLS)并激活了IB Key,您的账户就有资格获得奖励。
 
移动IBKR – 交易、验证及更多功能
 
25美元的佣金奖励只适用于通过移动IBKR进行的交易。您可通过智能手机交易平台访问一系列交易、监控和分析工具。该应用软件中的IB Key工具使您得以快速、无缝地在客户端或我们的任意交易平台上登录您的账户。更多详情请见知识库文章2879
 
如何获得奖励?
 
根据IBKB2260中的操作说明安装并激活移动IBKR软件。
 
如果您的账户有一个以上的使用者,则所有使用者都必须启用IB Key。
 
您可选择由哪个账户获得佣金奖励。您可在完成步骤1和步骤2后在客户端中选择。
 
相关资源

IBKR Mobile Authentication Activation - USD 25 Commission Credit

COMMISSION CREDIT
 
Your account can become eligible for a USD 25 Commission Credit by downloading the IBKR Mobile trading app, which includes IB Key two-factor authentication.
 
PROTECT YOUR ACCOUNT
 
Your account becomes eligible once all users on your account are enrolled in our Secure Login System (SLS) and have activated the IB Key.
 
IBKR MOBILE – TRADING, AUTHENTICATION AND MORE
 
The USD 25 Commission Credit is applicable for trades made in IBKR Mobile, only. With the smartphone trading platform, you have access to a wide range of trading, monitoring and analysis tools. The IB Key tool within the app provides quick and seamless access to your account when logging into the Client Portal or any of our trading platforms. See IBKB2879 for additional details.
 
HOW DO I BECOME ELIGIBLE?
 
Install and activate the IBKR Mobile application following the instructions provided in IBKB2260.
 
If you have more than one user on your account, all must be protected with IB Key.
 
Select which account should receive the Commission Credit. You can do so in the Client Portal after completion of steps 1. and 2.
 
Related Resources

为何美国期权的佣金收费各有不同?

IB的期权佣金费用包含两部分:

1. 归于IB的执行费用。 对于智能传递定单,该费用为每份合约$0.70美元,给定月份超出100,000份合约的定单,每份合约可低至$0.15美元(参见网站了解直接传递定单费用、低价期权优惠费率和最低定单费用); 

2. 第三方交易所、监管和/或交易费用。

就第三方费用而言,某些美国的期权交易所会有一个流动性费用/折扣结构,在与IB的执行费用以及其他监管和/或交易费用一起应用时,可能会导致各个定单总的每份合约佣金费用各不相同。 这是由交易所部分的计算所造成的。交易所部分的计算最终结果可能是向客户支付款项而非收取费用,其取决于一些不受IB控制的因素,包括客户的定单属性以及现行买-卖报价。

采用这种流动性费用/折扣模式的交易所会对消耗流动性的定单(即适销定单)收取费用,而对添加流动性的定单(即非适销的限价定单)提供折扣返点。费用会因交易所、客户类型(如公众客户、经纪交易商、公司、做市商和专业交易者)和期权底层证券的不同而不同,公众客户折扣通常介于$0.10 - $0.42之间,而公众客户费用则介于$0.15 - $0.50之间。 

IB有义务将适销的期权定单传递至提供最佳执行价格的交易所,且如果出现多个最佳报价,智能传递在决定将定单传往哪个交易所时会考虑流动性消耗费用(即会将定单传递至费用最低或无费用的交易所)。 因此,只有在提供的价格优于市价至少$0.01时,智能传递才会将市价定单传递至收取更高费用的交易所(鉴于标准期权乘数为100,会产生$1.00的价格改善,大于最高流动性消耗费用)。

有关添加/消耗流动性概念的更多信息以及相关举例,请参见KB201

添加/消耗流动性

Overview: 

本文旨在对交易所费用、添加/消耗流动性费用以及非组合佣金提供正确的理解。

 

添加或消耗流动性的概念既适用于股票,也适用于股票/指数期权。一个定单是消耗流动性还是添加流动性,取决于定单是适销还是非适销。

适销定单会消耗流动性。
适销定单要么是市价定单,要么是限价等于或高于/低于当前市价的买入/卖出限价定单。

1. 对于适销的买入限价定单,限价等于或高于卖价。

2. 对于适销的卖出限价定单,限价等于或低于买价。

举例:
XYZ股票当前卖价尺寸/价格为400股/46.00。您输入一个买入限价定单,即以46.01的价格买入100股XYZ股票。由于定单马上就能执行,其将被视为适销定单。如果交易所会对消耗流动性收费,则客户将需缴纳该费用。


 

非适销定单会添加流动性。
非适销定单是限价低于/高于当前市价的买入/卖出限价定单。

1. 对于非适销的买入限价定单,限价低于卖价。

2. 对于非适销的卖出限价定单,限价高于买价。

举例:
XYZ股票当前卖价尺寸/价格为400股/46.00。您输入一个买入限价定单,即以45.99的价格买入100股XYZ股票。由于定单将被作为最佳买价发布至市场,而不会立即执行,其将被视为非适销定单。
若有人发送了一个适销的卖出定单,从而使您的买入限价定单得以执行,则如果有添加流动性返点,您会收到一定折扣(返点)。

请注意:
1. 所有交易期权的账户均需就消耗/添加流动性缴纳/享受期权交易所费用或返点。
2. 根据IB网站,消耗/添加流动性费用表下只有负数才是折扣(返点)。

https://www.ibkr.com.cn/cn/index.php?f=2356
股票与期权佣金/费用请参见上方链接。

沪港通

沪港通是一项互联互通机制,香港和国际投资者可以通过香港联交所(以下简称“SEHK”)及其清算所交易并清算上海证券交易所(以下简称“SSE”)的上市股票。盈透作为SEHK会员,您可通过盈透快速稳定地访问SSE并交易其上市产品。 当前所有具备香港股票交易许可的盈透客户均可通过沪港通交易SSE的证券。

 

通过沪港通交易的产品类型

SSE拥有不同类型的挂牌证券,但沪港通初始阶段只能交易A 股(在中国证券交易所交易的大陆公司股票)。这包括所有上证180指数与上证380指数的成分股,以及虽不在相关指数成分股内但有股票同时在SSE以及SEHK上市的H股。

点击此处查看产品列表及股票代码

 

在IB交易SSE证券的佣金

与交易港股的佣金相同,IB只向客户收取交易额的0.08%作为佣金费用,每笔定单的最低佣金为15元人民币。交易所要求的交易所费用、清算费用以及印花税将另行征收。汇率详情于下方列出。您还可在我公司网站查看固定式佣金结构与阶梯式佣金结构的对比情况。

交易所费用 、清算费用以及印花税

固定式和阶梯式佣金结构对比

 

清算和结算周期

股票于当天结算(T),而SSE交易的现金结算于一日后进行(T+1)。 请注意,外汇结算周期为(T+2)。因此,由于结算周期不同步,交易离岸人民币的客户应于股票交易的前一日(T-1)执行外汇交易以避免不必要的利息。

 

SSE交易时段(香港时间)

交易时间

SSE交易时间

开盘集合竞价

09:15 – 09:25

连续竞价(上午)

09:30 – 11:30

连续竞价(下午)

13:00 – 15:00

 09:20 – 09:25:SSE不受理取消定单的请求

 

限价

SSE证券的限价范围为在前一日收盘价的基础上上下波动10%(特殊的股票可上下波动5%)。所有定单必须在限价范围之内(包括限价)。价格上限和下限当日保持不变。

请注意,SEHK拟于沪港通初始阶段将动态价格检查定为3%(该数值可能偶尔会被调整)

 

投资额度

沪港通设有跨境投资额度上限(即总额度)与每日额度。SSE的投资总额度为3000亿元,每日额度为130亿元。二者按“净买入”来计算。据此,SSE卖盘额度无限制,客户可随意卖出其SSE股票。一旦每日额度在连续竞价期间跌破0,交易所将不再接收任何买单。IB会在额度用尽时通知客户。SEHK也将在其网站发布总额度与每日额度的余额。

 

定单限制

对于SSE股票而言,仅限价单(SSE限价单可以特定或更好的价格成交)可全天候自由下单。与此同时,所有SSE股票的每手交易单位为100股。买单的股票数量必须为每手交易单位的倍数;卖单则可接收零星股。不允许定单修改。如果您想修改定单,必须先取消定单,并在成功取消后重新下单。

 

其他应该注意的交易限制

a)       大陆的A股市场不能进行日内交易。因此,购买SSE证券的香港和海外投资者只能在T+1当天或之后卖出股票。

b)       SSE股票没有大宗交易机制。

c)        沪港通初始阶段,SSE股票不能进行卖空交易。

d)       沪港通初始阶段,IB不提供保证金交易。

 

如果您对沪港通有更多疑问,请联系IB客户服务获取进一步的信息

电话: +852-2156-7907 / +86(21)6086 8586

邮件: cnhelp@interactivebrokers.com

Shanghai – Hong Kong Stock Connect

Shanghai – Hong Kong Stock Connect is a mutual market access program through which Hong Kong and international investors can trade shares listed on the Shanghai Stock Exchange (SSE) via the Stock Exchange of Hong Kong (SEHK) and their existing clearing house. As a member of SEHK, IB provides you with direct access to SSE and help you to trade with all listed products on the Shanghai Stock Exchange. All current IB clients with Hong Kong stock trading permissions will be eligible to trade SSE securities through Shanghai-Hong Kong Stock Connect.

 
Shanghai – Hong Kong Stock Connect Products
Among the different types of SSE-listed securities, only A shares (shares in mainland China-based companies that trade on Chinese stock exchange) will be included in the initial stage of the Shanghai-Hong Kong Stock Connect implementation. This includes all the constituent stocks of the SSE 180 Index, SSE 380 Index and all the SSE-listed A shares that are not included as constituent stocks of the relevant indices but have corresponding H shares listed on the SEHK.
Click here to see the product list and stock codes:
 
 
IB commission for trading SSE securities
Same as trading Hong Kong stocks, IB charges only 0.08% of trade value as a commission with a minimum CNH 15 per order. Exchange fees, clearing fees and stamp duty are required by the exchange and will be changed separately. The detailed fee rate can be find below. Comparison between fixed and tiered commission structures can also be found on our website.   
 
 
Clearing and settlement cycle
Stock settlement is within the same day (T) while cash settlement for SSE trades takes place one day later (T+1). Please be aware that the Forex settlement cycle is (T+2). Therefore, due to the unsynchronized settlement cycle, clients who exchange CNH themselves should execute the Forex trade one day prior to the stock trade (T-1) to avoid the extra day’s interest payment.
 
 
Trading hours for SSE (Hong Kong Time)

Trading Session
SSE Trading Hours
Opening Call Auction
09:15 – 09:25
Continuous Auction (Morning)
09:30 – 11:30
Continuous Auction (Afternoon)
13:00 – 15:00

09:20 – 09:25: SSE will not accept order cancellation

 
Trading price limit
For SSE securities, there is a general price limit of +/-10% (+/-5% for stocks under special treatment) based on the previous day closing price. All orders must be at or within the price limit. The upper and lower price limit will remain the same intra-day.
Please also note that during the initial phase of the launch, SEHK intends to set the dynamic price checking at 3% (the percentage maybe adjusted periodically).
 
 
Investment quota
Shanghai - Hong Kong Stock Connect is subject to a maximum cross-boundary investment quota (i.e. Aggregate Quota) and a daily Quota. The Aggregate Quota and Daily Quota through SSE is set at RMB 300 billion and RMB 13 billion respectively. Both the Aggregate Quota and Daily Quota are applied on a “net buy” basis. Under this principle, customers are allowed to sell their SSE securities regardless of the quota balance. Once the Daily Quota drops to zero or is exceeded during a continuous auction session, NO further buy orders will be accepted. IB will inform clients once the quota limitation is reached. SEHK will also publish the remaining balance of the Aggregate Quota and Daily Quota on the website.
 
 
Order limitation
For SSE securities, only limit orders (SSE limit orders can be matched at the specified or better price) will be accepted throughout the day. Meanwhile, all SSE securities are subject to the same trading board size, which is 100 shares. Buy orders must be multiples of a board lot; odd lot trading is only available for sell orders. Order amendment is NOT allowed. If you want to amend the order, you must cancel the order first and place a new order after the previous one is successfully cancelled.
 
 
Other trading limitations 
a)      Day trading is not allowed for the Mainland A shares market. Therefore HK and overseas investors buying SSE securities on day-T can only sell the shares on or after T+1.
b)      For SSE Securities, block trade facility will not be available.
c)       For SSE Securities, shorting is not allowed during the initial phase of the launch.
d)      IB will not be facilitating margin trading during the initial phase of the launch.
 
 
Where to learn more
Please refer to the following exchange website links for additional information regarding Shanghai – Hong Kong Stock Connect:
 
http://www.hkex.com.hk/eng/market/sec_tradinfra/chinaconnect/stockconnect.htm
http://www.hkex.com.hk/chi/market/sec_tradinfra/chinaconnect/stockconnec...
http://www.hkex.com.hk/chi/market/sec_tradinfra/chinaconnect/stockconnect_sc.htm
 
 
If you have any questions regarding Shanghai – Hong Kong Stock Connect, please contact IB customer service for further information. 
Tel: +852-2156-7907 / +86(21)6086 8586
Email: cnhelp@interactivebrokers.com

 

Shares subject to the Italian Financial Transaction Tax

The following table lists the companies included in the scope of the Italian Financial Transaction Tax as of January 2016. Based on information provided by the Ministry of Finance, the FTT is applicable to

  • Transfer of shares issued by Italian companies
  • Transfer of securities representing the above (ADRs and GDRs) irrespective of the issuer
  • Companies with an average market capitalization lower than EUR 500 Million in the month of November of the previous year will be exempt

The list of companies provided below is being done on a best efforts basis and may be subject to change at any time without prior notification.

Symbol  Description
A2A  A2A SPA 
AEMMY  A2A SPA-UNSPONSORED ADR 
ACE  ACEA SPA 
SAVE AEROPORT DI VENEZIA MARCO POLO
KRS AION RENEWABLES SPA
AZA ALITALIA
AXN  AMPLIFON SPA 
ANIM ANIMA HOLDING
STS  ANSALDO STS SPA 
ASDOY  ANSALDO STS SPA-UNSPON ADR 
AP ANTICHI PELLETTIERI SPA
ASC ASCOPIAVE SPA
ASSICURAZIONI GENERALI 
ARZGY  ASSICURAZIONI GEN-UNSPON ADR 
GASIN ASSICURAZIONI GENERALI
ASG ASSICURAZIONI GENERALI
AST  ASTALDI SPA
ATL  ATLANTIA SPA 
ATASY  ATLANTIA SPA-UNSPONSORED ADR 
AGL  AUTOGRILL SPA 
ATGSY AUTOGRILL SPA - UNSPON ADR
AT ATM SPA
MLALZ AZ LEASING
AZM  AZIMUT HOLDING SPA 
CRG  BANCA CARIGE SPA 
CRGR  BANCA CARIGE SPA-RSP 
BGN  BANCA GENERALI SPA 
IF BANCA IFIS SPA
BIM1 BANCA INTERMOBILIARE SPA
BMPS  BANCA MONTE DEI PASCHI SIENA 
AMDPY BANCA MONTE DEI PASCHI SIENA  UNS ADR
BMDPY BANCA MONTE DEI-UNSPON ADR
CVAL BANCA PICCOLO CREDITO VALTELLINESE SCARL
BPE  BANCA POPOL EMILIA ROMAGNA 
BPXXY BANCA POPOL EMILIA-UNSP ADR
PMI  BANCA POPOLARE DI MILANO 
BPSO  BANCA POPOLARE DI SONDRIO 
BPMLY  BANCA POPOLARE DI-UNSPON ADR 
BP  BANCO POPOLARE SCARL 
BPSAY  BANCO POPOLARE SCARL-UNS ADR 
BNS  BENI STABILI SPA 
BRE1  BREMBO SPA 
BC  BRUNELLO CUCINELLI SPA 
BCUCY BRUNELLO CUCINELLI SPA  UNS ADR
BZU  BUZZI UNICEM SPA 
BZUR  BUZZI UNICEM SPA-RSP 
BZZUY  BUZZI UNICEM SPA-UNSPON ADR 
CEM2
CEMENTIR HOLDING SPA
CERV CERVED INFORMATION SOLUTIONS
CIR  CIR SPA 
COPN  COSMO PHARMACEUTICALS SPA 
CQ1  COSMO PHARMACEUTICALS SPA 
CE  CREDITO EMILIANO SPA 
DAS  DANIELI & CO. 
DANR  DANIELI & CO-RSP 
DNIYY  DANIELI & CO-UNSPONSORED ADR 
DAL1 DATALOGIC SPA
CPR  DAVIDE CAMPARI-MILANO SPA 
DVDCY  DAVIDE CAMPARI-MI-UNSPON ADR 
DLN  DE'LONGHI SPA 
DLC DELCLIMA
DIA  DIASORIN SPA 
DASOY  DIASORIN SPA-ADR 
EIT  EI TOWERS SPA 
EGPW  ENEL GREEN POWER SPA 
ENEL  ENEL SPA 
ENLAY  ENEL SPA - UNSPON ADR 
ENELN ENEL SPA
ENG ENGINEERING SPA
ENI  ENI SPA 
ENI SPA-SPONSORED ADR 
EN  ENI SPA-SPONSORED ADR 
ERG  ERG SPA 
MLEBX ESSERE BENESSERIE SPA
EXO  EXOR SPA 
EXON EXOR SPA
EXP  EXOR SPA - PRF 
RACE FERRARI NV
RACE FERRARI NV
FIM
FIAT INDUSTRIAL 
FIAT SPA 
FRM  FIAT SPA-RSP 
FIATY  FIAT SPA-SPONS ADR 
FCT1 FINCANTIERI SPA
FBK FINECOBANK SPA
FNC  FINMECCANICA SPA 
FINMY  FINMECCANICA SPA-UNSPN ADR 
FSA  FONDIARIA-SAI SPA 
FSAR  FONDIARIA-SAI SPA - RSP 
FSRB  FONDIARIA-SAI SPA B SAVING S 
GEO  GEOX SPA 
GXSBY  GEOX SPA-UNSPONSORED ADR 
GN3 GNM - GOOD NEWS MEDIA GROUP
GPEDY GRUPPO EDITORIALE L-UNS ADR
HER  HERA SPA 
MLHTT HIGHTEL TOWERS SPA
IGD IMMOBILIARE GRANDE DISTRIBUZ
IPG  IMPREGILO SPA 
IPGR  IMPREGILO SPA-RSP 
IMPJY  IMPREGILO SPA-UNSPON ADR 
IMA  INDUSTRIA MACCHINE AUTOMATIC 
INW1 INFRASTRUTTURE WIRELESS ITAL
IP  INTERPUMP GROUP SPA 
ISP  INTESA SANPAOLO 
ISPN INTESA SANPAOLO
ISNPY  INTESA SANPAOLO SPON ADR 
ISPR  INTESA SANPAOLO-RSP 
IRE  IREN SPA 
IRDEY  IREN SPA-UNSPON ADR 
IT  ITALCEMENTI SPA 
ITR  ITALCEMENTI SPA -RSP 
ITALY  ITALCEMENTI SPA-UNSPONS ADR 
ITM ITALMOBILIARE SPA
ITMR ITALMOBILIARE SPA
ITPG ITP ENERGY CORP
CRE LA GIOVANNI CRESPI SPA
MLLB LUIGI BOTTO
LTO  LOTTOMATICA GROUP SPA 
GTKYY LOTTOMATICA SPA-SPON ADR 
LUX  LUXOTTICA GROUP SPA 
LUX  LUXOTTICA GROUP SPA-SPON ADR 
3OY MAIRE TECNIMONT SPA
MARR MARR SPA
MS  MEDIASET SPA 
MDIUY  MEDIASET SPA-SPONSORED ADR 
MB  MEDIOBANCA SPA 
MDIBY  MEDIOBANCA SPA-UNSPONSOR ADR 
MLMCE MEDIOCREDITO EUROPEO SPA
MED  MEDIOLANUM SPA 
MDLAY  MEDIOLANUM SPA-UNSPONSOR ADR 
MONC1 MONCLER SPA
MTV MONDO TV SPA
NTZ NATUZZI SPA SP ADR
OVS OVS SPA
PLT  PARMALAT SPA 
PRF PARMALAT FINANZIARIA
PIA  PIAGGIO & C. S.P.A. 
PIAN PIAGGIO & C. S.P.A.
PC  PIRELLI & C. 
PCP  PIRELLI & C.-RSP 
PST POSTE ITALIANE SPA
1913 PRADA S.P.A. 
PRP  PRADA S.P.A. 
PRDSY  PRADA S.P.A.-UNSP ADR 
PRAM PRAMAC SPA
PRY  PRYSMIAN SPA 
PRYMY  PRYSMIAN SPA-UNSPONSOREE ADR 
RWAY RAI WAY SPA
REC  RECORDATI SPA 
REY REPLY SPA
SFL SAFILO GROUP SPA
SAFLY SAFILO GROUP SPA
SFLN SAFILO GROUP SPA
ALWOO SAFWOOD SPA
SPM  SAIPEM SPA 
SAPMY  SAIPEM SPA-UNSPON ADR 
SPMR  SAIPEM-RCV 
SALR SALINI IMPREGILO SPA-RSP
SFER  SALVATORE FERRAGAMO SPA 
SFRGY SALVATORE FERRAGAMO SPA
SRS  SARAS SPA 
SAAFY  SARAS SPA-UNSP ADR 
MLSMP SEMPLICEMENTE SPA
SII2 SINTESI SOCIETA DI INVESTIME
SNMRY  SNAM RETE GAS-UNSPONSOR ADR 
SRG  SNAM SPA 
SRGN SNAM SPA
CASS SOCIETA CATTOLICA DI ASSICURAZIONI SCRL
SIS SOCIETA INIZLATIVE AUTOSTADALI E SERVIZI SPA
SOL SOL SPA
SORN  SORIN SPA 
RIJ SORIN SPA
SPNV SPAZIO INVESTMENT
TIP TAMBURI INVESTMENT PARTNERS
TEW TE WIND SA
TIT  TELECOM ITALIA SPA 
TI A  TELECOM ITALIA SPA-SPON ADR 
TI  TELECOM ITALIA SPA-SPON ADR 
TIN  TELECOM ITALIA SPA-SPON ADR 
TITR  TELECOM ITALIA-RSP 
TRN  TERNA SPA 
TEZNY  TERNA SPA-UNSPONSORED ADR 
TOD  TOD'S SPA 
TDPAY  TOD'S SPA - UNSP ADR 
UCG  UNICREDIT SPA 
UCGR
UNICREDIT SPA-RSP 
UCGN UNICREDIT SPA
UNI  UNIPOL GRUPPO FINANZIARIO SP 
UBI UNIONE DI BANCHE ITALIANE SCPA
BPPUY UNIONE DI BANCHE ITALIANE SCPA
UNIP  UNIPOL GRUPPO FINANZIARI-PRF 
UFGSY  UNIPOL GRUPPO-UNSPON ADR 
US UNIPOLSAI SPA
URH UR HOLDING SPA
VAS VITORIA ASSICURAZIONI SPA
WDF WORLD DUTY FREE SPA
YOOX  YOOX SPA 
YXOXY  YOOX SPA-UNSPON ADR 
ZV ZIGNAGO VETRO SPA
 

Information Regarding the French Financial Transaction Tax

Overview: 

This document is designed to provide an overview of how the French Financial Transaction Tax will be handled by Interactive Brokers.

Effective August 1, 2012, a new tax will be implemented on the purchase of certain French securities.

Tax Rate

The initial announced tax rate was to be 0.10%; however based on updated information the applied tax rate is intended to be 0.20%.

Effective January 1, 2017 the rate will increase from 0.20% to 0.30%.

Scope

The FTT will be applied to shares of companies whose head office is located in France and whose market capitalisation exceeds EUR 1 billion. The French authorities will update a list each December with the names of companies which meet these requirements. At its launch, 109 French companies will fall under the scope of the FTT.

The purchase of a derivative contract is not subject to the FTT; however the acquisition of the underlying stock upon exercise or delivery of the derivative instrument will be subject to FTT. Similarly a convertible instrument will become subject to the FTT upon conversion or exchange into the stock.

American Depsitory Receipts (ADRS) are similarly subject to the FTT however the implementation date has been delayed to December 1, 2012.

Corporate action events which result in the acquisition of a French security subject to the FTT regulation, will have tax applied at the processing date.

Under the present rules, you can trade CFDs on French shares without incurring FTT in the same way as you are able to trade UK share CFDs without incurring stamp duty. All shares affected by the French FTT are available to trade as IB CFDs.

Please click here for for detailed information and frequently asked questions about our CFD offering.

 

Calculation Method

The legislation allows for the application of FTT based on the daily net purchase per final beneficiary. As an Investment Services Provider (ISP), Interactive Brokers will report FTT to our various clearing agents. As such, transactions will be eligible for netting if the shares settle at the same location. For instance, purchases and sales in France may be netted; however a purchase in France will not be netted against a sale in Germany.

 

 

 

 

Shares Subject To The French Financial Transaction Tax

The following table lists the companies included in the scope of the French Financial Transaction Tax as of January 2017. Based on the French declaration, companies meeting the following qualifications would fall within the scope of the FTT

  • Listed on a French or foreign regulated market
  • Issued by a company whose headquartered in France and whose capitalisation exceeds one billion euro on 1 December 2016 (reviewed annually)

The list of companies provided below is being done on a best efforts basis and may be subject to ammendments at any time and without notification.

The list of ADRs which will become subject to the French Financial Transaction Tax are detailed at the bottom of this page.

Description  Symbol 
ACCOR SA  AC, ACCN
ADP  ADP, ADPN
AIR FRANCE-KLM  AF 
AIR LIQUIDE SA  AI, AIN
ALSTOM  ALO 
ALTAREA  ALTA 
ALTEN ATE
ALTRAN TECHN. ALT
AMUNDI SA AMUN

AREVA 

A9RB 
ARKEMA  AKE, AKEN
ARTOIS NOM ARTO
ATOS  ATO 
AXA SA  CS, AXAN
BENETEAU 3GD
BIOMERIEUX  BIM 
BNP PARIBAS  BNP, BNPN
BOIRON SA BOI
BOLLORE  BOL, BOLNV
BOUYGUES SA  EN 
BUREAU VERITAS SA  BVI 
BURELLE BUR
CAP GEMINI .  CAP 
CARREFOUR SA  CA, CAN
CASINO GUICHARD PERRACHON  CO 
CFAO  CFAO 
CHRISTIAN DIOR  CDI, CDIN
CNP ASSURANCES  CNP 
COLAS SA  RE 
COMPAGNIE DE SAINT-GOBAIN  GOB, SGO
COMPAGNIE DU CAMBODGE  CBDG 
CREDIT AGRICOLE SA  ACA, ACA1
DANONE  DAN, BN, BNN
DASSAULT AVIATION SA  AM, DSY
DBV TECHNOLOGIES SA DBV
DIRECT ENERGIE DIREN
EDENRED  EDEN 
EDF  EDF 
EIFFAGE  FGR 
ELIOR PARTICIPATIONS SCA ELIOR, ELINV
ELIS SA ELIS
ENGIE GSZ, ENGI
ERAMET ERA
ESSILOR INTL.  EF, EI. EIN
EULER HERMES SA  ELE1 
EURAZEO  RF 
EUROSIC ERSC
EUTELSAT COMMUNICATIONS  ETL, ETLN
FAIVELEY TRANSPORT FAI
FAURECIA  EO 
FFP FFP
FIMALAC FIM
FINANCIERE DE L'ODET  ODET 
FONCIERE DE PARIS SIIC FDPA
FONCIERE DES MURS FMU
FONCIERE DES REGIONS  DREG 
FONCIERE LYONNAISE  FLY 
FROMAGERIES BEL FB
ORANGE
FTE, ORA
GAZTRANSPORT ET TECHNIGA GTT1
GECINA SA  GFC 
RAMSAY GENERALE DE SANTE GDS
GROUPE EUROTUNNEL SA - REGR  GET 
GROUPE FNAC FNAC
HAVAS SA  HAV 
HERMES INTL  RMS, RMSN
ICADE  EMGP 
ILIAD SA  ILD 
IMERYS SA  NK 
INGENICO  ING2, ING
IPSEN  IPN 
IPSOS IPS
JC DECAUX SA  DEC, DECN
KERING PP, KER, KERN
KLEPIERRE  LI 
KORIAN-MEDICA KORI
L.D.C. SA LOUP
LAGARDERE S.C.A.  MMB 
LEGRAND SA  LR 
LISI FII
L'OREAL  OR, ORN
LVMH MOET HENNESSY LOUIS VUI  MC, MCN
M6-METROPOLE TELEVISION  MMT 
MAISONS DU MONDE SA MDM
MERCIALYS  MERY 
MICHELIN (CGDE)  ML, MLN
NATIXIS  KN 
NEXANS SA  NEX 
NEXITY NXI
SFR GROUP SA SFR
ORPEA  ORP 
PERNOD-RICARD SA  RI 
PEUGEOT S.A.  UG, UGN
PLATIC OMNIUM POM
PUBLICIS GROUPE  PUB, PUBN
REMY COINTREAU  RMC, RCO
RENAULT SA  RNO 
REXEL SA RXL
ROTHSCHILD & CO PAOR
RUBIS  RUI 
SAFRAN SA  SAF 
SANOFI  SAN 
SARTORIUS STEDIM BIOTECH DIM
SCHNEIDER ELECTRIC SA  SU, SUN, SNE
SCOR SE  SCR 
SEB SA  SK 
SOCIETE BIC SA  BB 
SOCIETE GENERALE  GLE, GLEN
SODEXO  SW 
SOMFY SA  SO 
SOPRA STERIA GROUP SOP
SPIE SA SPIE
STEF STF
STE IND & FIN DE L'ARTOIS SA ARTO
SUEZ ENVIRONNEMENT CO  SEV 
TARKETT TKTT
TECHNICOLOR TMS
TECHNIP SA  TEC, TECN
TELEPERFORMANCE RCF, RCFN
TELEVISION FRANCAISE (T.F.1)  TFI 
THALES SA.  HO 
TOTAL SA  FP 
TRIGANO SA TGO
UBISOFT ENTERTAIN UEN, UBI
UNIBAIL-RODAMCO SE  ULA 
UNIBEL UNBL
VALEO SA  FR, VALOFN, FRT
VALLOUREC  VK 
VEOLIA ENVIRONNEMENT  VIE 
VICAT VCT
VILMORIN & CIE  RIN 
VINCI SA  DG 
VIRBAC SA  VIR 
VIVENDI  VIV 
WENDEL  MF 
WORLDLINE SA WLN
ZODIAC AEROSPACE  ZC, ZCNV

 

The following is a list of ADRs which are subject to the French Financial Transaction Tax in 2017. ADRs became subject to the FTT effective December 1, 2012.

 

Description  Symbol 
ACCOR SA-UNSPON ADR  ACRFY 
AIR FRANCE-KLM-ADR  AFLYY 
AIR LIQUIDE-UNSPONSORED ADR  AIQUY 
ALSTOM SA-UNSPON ADR  ALSMY 
ALTRAN TECHNOLOGIES - SP ADR ALTKY
AREVA CIP-UNSPONSORED ADR  ARVCY 
ARKEMA-SPONSORED ADR  ARKAY 
ATOS ORIGIN SA - UNSP ADR AEXAY
AXA -SPONS ADR  AXAHY 
BNP PARIBAS-ADR  BNPQYN 
BNP PARIBAS-ADR  BNPQY 
BOUYGUES-UNSPONSORED ADR  BOUYY 
CAPGEMINI SA - UNSPONSOR ADR  CGEMY 
CARREFOUR SA-SP ADR  CRRFY 
CASINO GUICHARD P - SPON ADR  CGUSY 
CHRISTIAN DIOR SA-UNSPON ADR  CHDRY 
CIE GEN GEOPHYSIQUE-SP ADR  CGV 
CNP ASSURANCES-UNSPON ADR  CNPAY 
COMPAGNIE DE SANT - UNSP ADR CODYY
CREDIT AGRICOLE SA-UNSP ADR  CRARY 
DANONE-SPONS ADR  DANOY 
DASSAULT SYSTEMES SA-ADR  DASTY 
DBV TECHNOLOGIES SA - SPON ADR DBVT
EDENRED DA - UNSP ADR EDNMY
EDF-UNSPON ADR  ECIFY 
EIFFAGE-UNSPON ADR  EFGSY 
ENGIE - SPON ADR ENGIY
ERAMET - UNSPON ADR ERMAY
ESSILOR INTL-UNSPON ADR  ESLOY 
EUTELSAT COMMUNICAT-UNSP ADR  ETCMY
ORANGE (FRANCE TELECOM SA-SPONS ADR) ORAN
ORANGE (FRANCE TELECOM SA-SPONS ADR)
ORANN
FAURECIA SA - SPONSORED ADR FURCY
GROUPE EUROTUNNEL SA - UNS ADR GRPTY
HERMES INTL-UNSPONSORED ADR  HESAY 
ILIAD SA - UNSPON ADR ILIAY
INGENICO-UNSP ADR  INGIY 
IPSEN SA-SPONSORED ADR  IPSEY 
KERING - UNSPONSORED ADR PPRUY
LOREAL-UNSPONSORED ADR  LRLCYN 
LOREAL-UNSPONSORED ADR  LRLCY 
LVMH MOET HENNESSY-UNSP ADR  LVMUY 
MICHELIN (CGDE)-UNSPON ADR  MGDDY 
NATIXIS - UNSPONSORED ADR NTXFY
PERNOD-RICARD SA-UNSPON ADR  PDRDY 
PEUGEOT SA-SPONSORED ADR  PEUGY 
PUBLICIS GROUPE-ADR  PUBGY 
REMY COINTREAU UNSP ADR REMYY
RENAULT SA - UNSP ADR RNLSY
REXEL SA - UNSP ADR RXEEY
RUBIS - UNSP ADR RBSFY
SAFRAN SA-UNSPON ADR  SAFRY 
SANOFI-ADR  SNY 
SCHNEIDER ELECT SA-UNSP ADR  SBGSY 
SCOR-SPONSORED ADR  SCRYY 
SOCIETE GENERALE-SPONS ADR  SCGLY 
SODEXO-SPONSORED ADR  SDXAY 
SUEZ ENVIRONNEMEN-UNSPON ADR  SZEVY 
TECHNICOLOR - SPON ADR TCLRY
TECHNIP SA-ADR  TKPPY 
TELEPERFORMANCE-UNSPON ADR TLPFY
TOTAL SA-SPON ADR  TOT 
TOTAL SA-SPON ADR  TOTN 
UBISOFT ENTERTAIN - UNSPON ADR UBSFY
UNIBAIL-RODAMCO SE-UNSP ADR  UNRDY 
VALEO SA-SPON ADR  VLEEY 
VALLOUREC SA-SPN ADR  VLOWY 
VEOLIA ENVIRONNEMENT-ADR  VE 
VINCI S.A.-UNSPONS ADR  VCISY 
VIVENDI SA-UNSPON ADR  VIVHY 
ZODIAC AEROSPACE-UNSPON ADR  ZODFY 

 

 

Why Do Commission Charges on U.S. Options Vary?

IBKR's option commission charge consists of two parts:

1. The execution fee which accrues to IBKR.  For Smart Routed orders this fee is set at $0.65 per contract, reduced to as low as $0.15 per contract for orders in excess of 100,000 contracts in a given month (see website for costs on Direct Routed orders, reduced rates on low premium options and minimum order charges); and 

2. Third party exchange, regulatory and/or transaction fees.

In the case of third party fees, certain U.S. option exchanges maintain a liquidity fee/rebate structure which, when aggregated with the IBKR execution fee and any other regulatory and/or transaction fees, may result in an overall per contract commission charge that varies from one order to another.  This is attributable to the exchange portion of the calculation, the result of which may be a payment to the customer rather than a fee, and which depends upon a number of factors outside of IBKR's control including the customer's order attributes and the prevailing bid-ask quotes.

Exchanges which operate under this liquidity fee/rebate model charge a fee for orders which serve to remove liquidity (i.e., marketable orders) and provide a credit for orders which add liquidity (i.e., limit orders which are not marketable). Fees can vary by exchange, customer type (e.g., public, broker-dealer, firm, market maker, professional), and option underlying with public customer rebates (credits) generally ranging from $0.10 - $0.90 and public customer fees from $0.01 - $0.95. 

IBKR is obligated to route marketable option orders to the exchange providing the best execution price and the Smart Router takes into consideration liquidity removal fees when determining which exchange to route the order to when the inside market is shared by multiple (i.e., will route the order to the exchange with the lowest or no fee).  Accordingly, the Smart Router will only route a market order to an exchange which charges a higher fee if they can better the market by at least $0.01 (which, given the standard option multiplier of 100 would result in price improvement of $1.00 which is greater than the largest liquidity removal fee).

For additional information on the concept of adding/removing liquidity, including examples, please refer to KB201.

Syndicate content