Is it possible to trade credit default swaps on sovereign debt using Interactive Brokers ?
For instance if I put in the symbol GGGB10YR:IND (for Greek debt), there is no such symbol.
Which is the interactive brokers symbol ?
Or can you only trade them with Goldman Sachs ?
Yes you can.
I believe all of them accept UK residents.
I have an account with Interactive Brokers but if you want charting, great customer service etc... try some of the others. IB is a discount broker which has the benefit that you can trade many markets from one account. If you specialise...
http://www.interactivebrokers.com/en/general/education/faqs/safetyFAQ.php?ib_entity=llc
First 2 paragraphs
How Does IB Protect My Money?
IB protects your money by following a variety of regulatory requirements and then taking a number of other steps that are well beyond the basic...
Thanks for the reply local crusher.
I will not withdraw my money from IB because I think now it is a great time to trade and IB is as safe as it gets however I will be watching the share price and news from the six banks where they deposit money like a hawk.
The six banks are
JP...
I am also worried about IB. I think they are very safe because of their conservative approach however the weak link is if one the banks where they deposit money fails.
JP Morgan is exposed in Credit Default Swaps at a level that far exceeds its assets. CDS is the next big thing after...
Does anyone know if Interactive brokers offer trading in GBP vs NZD.
I ish to move to a broker that offers futures as well as forex.
GBP/NZD is my favourite pair.
If they do what is a typical (ie. not during news announcements) spread, 20-30 pips ?
Thank you marketsurfer for alerting us to this. It's a great idea.
If non-farm payrolls are released on Friday 8th December how about entering 2 limit orders 10 pips either side of the price at 8:29 am and exit immediately on the first spike up/down.
Specifically if GBP/USD trades at...