I recently switched over from LightSpeed to Interactive Brokers so that I could use DAS as well as IB's tiered commission structure. After a few days of trading and monitoring a customer commission/fees breakdown report I requested from IB, I have noticed that they are quite high compared to my previous broker. I'm curious if anyone else is having this experience and if they did anything with routes to help mitigate those expensive executions. Below are some of my my setup details in DAS along with execution fee samples:
Entries: Using Kyle's hotkeys for entry which uses ROUTE=LIMIT (I'm assuming this uses SMARTL from the montage)
Profit Target Orders: Either manually enter order on montage, selecting ROUTE=SMRTL or using separate hotkeys that have ROUTE=LIMIT
IB Report for AMD trade:
Screen Cap for same trade showing routes as all SMRT
I'm still waiting for a response from IB about this but wanted to see if anyone else here had similar experiences and/or insights. Thanks so much!