EU National but UK resident/tax payer
Would think this is a trivial question, but I just can't find anything that works well enough.
I've looked into:
- GBP Futures (Globex): IB wants massive margin on which they don't pay interest
- Synthetic Future on GBP Futures: The same
- Synthetic Future on XDB index: Wide bid/ask, no fills anywhere near mid
- Sell Box spread on Z index and convert proceeds to other currency: Have to do this blind because mkt data is $120/month, tried anyway but no fill yet up to 0.90% yield, while gilts are 0.75% so seems expensive too.
- FPE Futures: 1M GBP contract size (too big)
Currently looking at GB Futures on ICEUS that could work but information is very sparse
Any suggestions?
Would think this is a trivial question, but I just can't find anything that works well enough.
I've looked into:
- GBP Futures (Globex): IB wants massive margin on which they don't pay interest
- Synthetic Future on GBP Futures: The same
- Synthetic Future on XDB index: Wide bid/ask, no fills anywhere near mid
- Sell Box spread on Z index and convert proceeds to other currency: Have to do this blind because mkt data is $120/month, tried anyway but no fill yet up to 0.90% yield, while gilts are 0.75% so seems expensive too.
- FPE Futures: 1M GBP contract size (too big)
Currently looking at GB Futures on ICEUS that could work but information is very sparse
Any suggestions?