FX options

What venue do people use to trade FX options that has the lowest bid/ask spread. Everything I find seems to have hug spreads.

Thanks
 
Quote from minmike:

What venue do people use to trade FX options that has the lowest bid/ask spread. Everything I find seems to have hug spreads.

Thanks
Here's a general approach to beat these pigs:
If possible split your order into 2, send the second when the maths tells you to do so, ie. average your entry... :D
 
Trade exchange traded FX options. Globex has them. Globex also has great fills, the spreads look wide but they often fill you at midpoint.
 
Quote from minmike:

What venue do people use to trade FX options that has the lowest bid/ask spread. Everything I find seems to have hug spreads.

Thanks

You can't fill complex orders (as such) on CME. I would look to the ETFs.
 
Quote from TskTsk:

Trade exchange traded FX options. Globex has them. Globex also has great fills, the spreads look wide but they often fill you at midpoint.

That's great to know they will fill inside the market. I envisioned computers that would wait until you paid the whole spread.
 
Quote from atticus:

You can't fill complex orders (as such) on CME. I would look to the ETFs.

Which etfs do you look at? All the ones I checked had huge spreads.

Thanks
 
Quote from TskTsk:

Trade exchange traded FX options. Globex has them. Globex also has great fills, the spreads look wide but they often fill you at midpoint.

whats the tickers for IB
 
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