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    Fully automated futures trading

    First, I didn't know about this commission report function. That could work. Second, I use ib_insync, not the IB API. Using ib_insync, my script cycles through all my instruments and creates a whatIfOrder, stores each commission, and then outputs them all to a CSV file. In the IB API, it's...
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    Fully automated futures trading

    Once a week, I run a script that checks commissions on the instruments I trade. This morning, I see on KOSPI: "No Trading Permission, Customer Ineligible; Ineligibility reasons: ,Restricted: US residents may not open positions in this contract." This implies that trades to close open positions...
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    Fully automated futures trading

    BTOP50 Index https://portal.barclayhedge.com/cgi-bin/indices/displayHfIndex.cgi?indexCat=Barclay-Investable-Benchmarks&indexName=BTOP50-Index
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    Will Cocoa Price Ever Come Down?

    "acreage will explode for the coming season(s)" This is not wheat or corn. It takes years for a newly planted cocoa tree to produce fruit.
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    Jumped over to the Lenovo workstation world RIP Dell

    I bought a mini-PC for less than $400. We must be doing different things.
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    Ultra bond options

    No clue, but unless you plan to take or make delivery, you should get out by the earlier date because the volume will dry up and the bid-ask spread will explode.
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    Ultra bond options

    The options expiring this month are "subject to the respective Close-Out Deadlines, as detailed here." Follow the link, type UB, then <Enter>. The deadline for long UB futures and options expiring in March was back on February 28. (For short positions, you have until March 19, but unless you are...
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    Ultra bond options

    "Options will be allowed to expire into futures (or, if out-of-the-money, expire worthless), if the options expiration date is prior to the underlying futures' First Position Day. If there is a resulting futures position, it will then be subject to the respective Close-Out Deadlines, as detailed...
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    Fully automated futures trading

    I have KOSPI disable. I'm not going to risk that they'll let me trade it but then prevent trading later. Besides, I can still trade KOSDAQ to get Korea exposure, though by my measure KOSDAQ and KOSPI are "only" 65% correlated.
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    Spurious margin call - anyone else getting these?

    I didn't receive a margin call email today. Lucky me!
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    Fully automated futures trading

    I know that many of us on this board use the python project ib_insync to trade through IB. Sadly, it looks like the project manager, Ewald de Wit, has passed away. There a discussion on reddit about it and his github profile says he is dead and all his projects are now archives. Fortunately...
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    Spurious margin call - anyone else getting these?

    I received a second email: The amount indicated in previous communication "Margin Deficit Notice - Action required" may be incorrect. This is being reviewed and we will provide an update as soon as additional information is available.
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    Spurious margin call - anyone else getting these?

    I also got that email (with different values). Going to their portal, my "Commodities Regulatory Margin Report" shows a big deficit. But my regular margin report says everything is fine. Obviously an error on IB's part. Let's hope they realize their error quickly. (We may have to call to tell...
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    Fully automated futures trading

    Last time this happened, I didn't receive any notification from IB. My system tried to trade it, but the order was repeatedly rejected. I had to stop my system and call IB to find out what was happening. Perhaps you will be allowed to trade it since you aren't an American citizen. Perhaps IB...
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    CFTC revokes certification for KOSPI futures?

    "02/15/2024" I've been trading it, so it couldn't have taken place years ago.
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    Fully automated futures trading

    Anyone on here have KOSPI futures in their system? (I do.) It looks like the CFTC has revoked their certification (https://www.cftc.gov/IndustryOversight/IndustryFilings/ForeignOrganizationProducts) and Americans are blocked from trading it (generally, there's an exception to close out...
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    CFTC revokes certification for KOSPI futures?

    According to https://www.cftc.gov/IndustryOversight/IndustryFilings/ForeignOrganizationProducts, the CFTC has revoked their certification for KOSPI futures. This would mean that US traders are no longer allowed to trade it (except to close positions). I can't find any more information on this...
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    Fully automated futures trading

    ETFs can't get you anywhere close to the diversification of futures, even with "dynamic optimization." You might also run into issues with margin, since futures provide more leverage, which you'll need with a diversified portfolio. Shorting ETFs might be a problem. There may not be shares...
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    Help Me Understand VX Tick Size

    From https://www.cboe.com/tradable_products/vix/vix_futures/specifications/ "Minimum Price Intervals/Dollar Value Per Tick: 0.05 points, equal to $50.00 per contract" However: "The permissible minimum increment for a TAS Block Trade (including as a spread transaction but not as a strip) and a...
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    IB: Different Margin for FGBL Long vs Short Trades ???

    Got to IB's futures margin page at https://www.interactivebrokers.com/en/trading/margin-futures-fops.php It shows FGBL has an initial margin of 3482.17 and a short initial margin of 3938.66. Check out VIX futures. Initial margin of 8,891.31 but short initial margin of 32,725.08.
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