BigQuant Commission Settings for Convertible Bond Trades

Summary

This Chinese-language forum post asks how BigQuant applies transaction costs to convertible bond strategies. It shows a per-order commission configuration with equal buy and sell rates and a minimum charge, then reports that a sell order still appears to incur an additional tax at one per thousand. The author wonders whether this happens because the platform classifies convertible bonds as stocks and applies a default tax rule.

The post identifies a practical backtesting issue: user-defined commissions may not account for every charge applied by the platform. However, it is a question, not a verified explanation. It provides no reply, documentation citation, or test comparing asset classifications and fee settings, so it does not establish whether the tax is a platform default, how to override it, or whether the reported charge reflects actual convertible bond market fees. Researchers should treat the behavior as unresolved and verify the platform’s fee model before interpreting results.

Key ideas

• The post asks whether BigQuant applies an extra sell-side tax to convertible bond trades.
• The author reports a configured per-order commission alongside an apparent additional charge on sales.
• The proposed link between that charge and stock classification is a question, not a confirmed explanation.
• The post gives no answer or test, so the platform fee behavior remains unresolved.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.