I really do not see any reasons to trade spot in your case. Futures are the way to go. The spot could be better if you want to take lesser size. Futures market is more transparent. The liquidity is also not a problem in your case.
ballyhoo created 16 letters in his 2 days on ET. All of them are critical to IB and/or pro-Oanda. These letters are full of accusations without any substance. In his first letter he stated, âHad an account with IB Interactive Brokersâ. In this letter he is saying that he still waits for...
cscott,
1. Yes, essentially, pit and electronic it is the same contract.
2. You can trade on pit or electronically at any time now. We are not offering all products yet but most CBOT futures are available. See the list on...
We are offering access to NYMEX contracts only trough Globex. Options are not available. Please, look at
http://www.interactivebrokers.com/en/trading/exchanges.php?exch=nymex&ib_entity=llc
and
http://www.cme.com/trading/prd/nymex/index18612.html
Sorry for misunderstanding. I never said we offer ALL options. The list of available pit-traded options is easily available at the bottom of http://www.interactivebrokers.com/en/trading/exchanges.php?exch=cme&ib_entity=llc
http://www.interactivebrokers.com/en/accounts/fees/commissionFutures-FOPs.php?ib_entity=llc
USD 3.30 for r/t. If you are doing volume, unbundled rate at the bottom of the page will suite your needs.