anyone trade single stock futures?

Quote from Bankedout:



Hi Def,

Since you are reading this thread, I have a couple questions about trading SSFs with my IB IRA account.

Can I sell short SSFs with my IRA account?

If so, will short stock be delivered to my account on expiration, or will there be a forced rollover or something?

I would like to take advantage of the short side of the market with my non-margin IRA account if/when the trend changes.

Thanks in advance,

Banker

P.S. Any news on when we will be able to trade odd lots on NYSE and AMEX stocks? This rule of yours has eliminated them from my radar for this account. Otherwise I love your firm.
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I believe you can but I need to check on what happens at expiration. i.e. we force you to close out beforehand, or liquidate the following AM. Perhaps someone will comment before I get the chance to post later this weekend.
 
the part that it's no wonder they are shutting some SSFs down. With the spreads and awkward behavior these SSF show, it's no surprise people refuse to trade them. I think that if the exchanges want to keep the ssf operation going they should offer more competitive spreads. i have seen SSFs priced at $20 that have 40c spread for hours, no exaggeration here. These instruments are simply not attractive to trade. I wouldn't be surprised if the whole ssf operation would be shut down if they keep us these mad spreads.
 
Quote from def:

delivery: they settle into physical. thus if you have shares in your account, they will offset at expiration. Is that what you're asking?
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Yes, but don't most brokers still require an actual unwinding of both positions that cancel each other out, but are still charged commission?

When ssf's were introduced, the plan was for them to be able to be held in either an equity or futures account. Are any brokers allowing them to be traded in an equities account, and allowing true physical settlement without two commissions?

Does anyone know of prop firms offering access to ssf's?
 
Quote from Bankedout:



Hi Def,

Can I sell short SSFs with my IRA account?

If so, will short stock be delivered to my account on expiration, or will there be a forced rollover or something?

Thanks in advance,

Banker
More...

Confirmed yes you can, and upon delivery we will automatically and immediately liquidate.
 
Hi,

talking about Single Stock Futures, is there somebody, who can tell about spreads and liquidity in USFs at Liffe. I think they can be traded via IB.

Regards, Ralf
 
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