How does the commissions setting work in backtesting?

Created at 07 Mar 2014, 17:20
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amiscell's avatar

amiscell

Joined 19.11.2013

How does the commissions setting work in backtesting?
07 Mar 2014, 17:20


Is the commission setting meant to be for one leg or both legs of the trade?

For instance, for IC Markets:

Opening Price€100,000 x 1.3000 
= USD $130,000 
x (3 / 100,000)$3.90

Closing Price€100,000 x 1.3100 
= USD $131,000 
x (3 / 100,000)$3.93

Total Commission on Trade$7.83

Is the commission setting 39 per Million, or 78 per Million?


@amiscell
Replies

amiscell
07 Mar 2014, 18:03

RE:

amiscell said:

I think I worked it out - It's $78 / Million traded - to include both legs.

 

Is the commission setting meant to be for one leg or both legs of the trade?

For instance, for IC Markets:

Opening Price€100,000 x 1.3000 
= USD $130,000 
x (3 / 100,000)$3.90

Closing Price€100,000 x 1.3100 
= USD $131,000 
x (3 / 100,000)$3.93

Total Commission on Trade$7.83

Is the commission setting 39 per Million, or 78 per Million?

 


@amiscell