Anyone have a good suggestion of what to set for a standard IB account for commissions?
Thanks for the help
Anyone have a good suggestion of what to set for a standard IB account for commissions?
Thanks for the help
Using IB's flat rate, the fee is $0.005 per share. You can set this in the algo initialize function using
set_commission(commission.PerShare(cost=0.005))
Also note that IB has a minimum charge of $1.00 per trade (equivalent to transacting 200 shares at the cost above).
The commission.PerShare model in Zipline supports a minimum trade cost parameter, but I'm not sure how often changes in Zipline are integrated with Quantopian's implementation.