Globex versus Pit

K

kbehr

I am a new trader in the currency futures market (eu,sf,jy,cd) and I trade the Blobex via IB. I was told that there are additional opportunities in Pit trading currency futures that may not be present in the Globex.

Since IB doesn't allow pit trading orders (cme), I went to OEC; however, the commission for pit currency futures is $12 rt versus $4.80 rt for Globex.

Does anyone have trading experience with both the Pit currency futures and the Globex futures who can contrast them for me.

Thanks for any responses.

Ken:confused:
 
I don't see why anyone needs go through the pit unless one was scalping/arbing discrepancies -- globex futures seems as tight a market as us individuals will get.
 
Thanks for the reply.

I was told that if I was able to trade either venue there would be more daily trading opportunities. Have you traded both?

Ken
 
You must log in or register to reply here.
Back
Top