Cash Bonds + Interactive Brokers = ?

ilyagood · Apr 17, 2009

Hi Guys,

Is there someone who trade cash U.S. Treasury Bonds/Notes thru IB?

Daal · Apr 17, 2009

Yes but you need to became a millionarie first

ilyagood · Apr 17, 2009

Quote from Daal:

Yes but you need to became a millionarie first

Are you sure that minimum order is 1M(Face Value)?

I spoke to their support and I was told that minimum order is 1 000(Face Value)

Daal · Apr 17, 2009

Quote from ilyagood:

Are you sure that minimum order is 1M(Face Value)?

I spoke to their support and I was told that minimum order is 1 000(Face Value)

Maybe they changed back but I remember not being able to buy

ilyagood · Apr 17, 2009

How long ago did you try? Because recently I tried to buy and I not being able too. I received message âInvalid Orderâ. I contacted to the support and again asked them about minimum order size. They one more time repeated that minimum order is 1 lot(1 000 Face Value). Also they told me that they have no idea about why I not able to buyâ¦

Is there any person who actually can successfully trade cash U.S. Treasury at IB?

scriabinop23 · Apr 17, 2009

Quote from ilyagood:

How long ago did you try? Because recently I tried to buy and I not being able too. I received message âInvalid Orderâ. I contacted to the support and again asked them about minimum order size. They one more time repeated that minimum order is 1 lot(1 000 Face Value). Also they told me that they have no idea about why I not able to buyâ¦

Is there any person who actually can successfully trade cash U.S. Treasury at IB?

On IB, I have recently (last month or so) traded 30 year treasuries cash and it goes in increments as low as 10 lots. 1 lot is $100. (So a 50 qty order would represent around $5000 worth of treasury bonds) The orders are slow to fill, an order fills aren't exactly predictable. I imagine if you trade 100+ lots you'll get better fills.

50 qty is the minimum you'll want to do, since the commission is $5 minimum (and $1 per 10 lot after I believe).

chs245 · Apr 17, 2009

Yes, no problem. I bought 4 different GM bonds via IB - you can buy as low as one contract/bond a face value of 1000

ilyagood · Apr 17, 2009

Quote from scriabinop23:

On IB, I have recently (last month or so) traded 30 year treasuries cash and it goes in increments as low as 10 lots. 1 lot is $100. (So a 50 qty order would represent around $5000 worth of treasury bonds) The orders are slow to fill, an order fills aren't exactly predictable. I imagine if you trade 100+ lots you'll get better fills.

50 qty is the minimum you'll want to do, since the commission is $5 minimum (and $1 per 10 lot after I believe).

Could you please tell me can you choose where to route the order or there's only âsmart routingâ is available? And what ECN is shown in Market Depth?

Daal · Apr 21, 2009

I get the error 'no trading permission, regulatory restriction, contact support' when trying to buy tbills, even though I enabled fixed income in the permissions page and own a few corporate bonds

ilyagood · Apr 30, 2009

Guys, does anyone know are non-U.S. residents able to trade T-bill through IB? It seems non-U.S. residents can only trade Notes and Bondsâ¦