How to trade in the Interbank directly?
- Thread starter Daal
- Start date
Thanks! What kind of spread do they quote you on EUR/USD?
Does anyone know the minimums on Deutsche, Citi or Bank of America?
hi def ... I have seen tight spread overnight
but unless the banks have autorefresh on
( and in many cases they do or seem to move
back and forth 1 pip ) I see IB having larger than 1-2 pips for USD / EUR for size shown on the NBBO
for 2 levels that I see as a retail customer
for up to 30 MILLION per side looks like 3-4 pips (?)
thats still probably about as good as retail will get
considering the broker (IB ) allows futures FX
that are also approx 4 ticks for size 100-300 (?)
I will have to look at my TWS screen sunday night
oh and I forgot that I can split the spread or join the NBBO for my size if I choose at any time
but unless the banks have autorefresh on
( and in many cases they do or seem to move
back and forth 1 pip ) I see IB having larger than 1-2 pips for USD / EUR for size shown on the NBBO
for 2 levels that I see as a retail customer
for up to 30 MILLION per side looks like 3-4 pips (?)
thats still probably about as good as retail will get
considering the broker (IB ) allows futures FX
that are also approx 4 ticks for size 100-300 (?)
I will have to look at my TWS screen sunday night
oh and I forgot that I can split the spread or join the NBBO for my size if I choose at any time
def
Sponsor
Quote from SethArb:
hi def ... I have seen tight spread overnight
but unless the banks have autorefresh on
( and in many cases they do or seem to move
back and forth 1 pip ) I see IB having larger than 1-2 pips for USD / EUR for size shown on the NBBO
for 2 levels that I see as a retail customer
for up to 30 MILLION per side looks like 3-4 pips (?)
thats still probably about as good as retail will get
considering the broker (IB ) allows futures FX
that are also approx 4 ticks for size 100-300 (?)
I will have to look at my TWS screen sunday night
oh and I forgot that I can split the spread or join the NBBO for my size if I choose at any time
they do have autorefresh on. if you took at the size it would most likely be replaced at the same price. then again, I highly doubt anyone here is going to be trading 30 million at a clip, if so, contact me and I'm sure we can arrange for larger size.
Def,
Can I do a carry trade using the IB FX platform, ie short JPY and buy T-bond futures with the proceeds?
Can I do a carry trade using the IB FX platform, ie short JPY and buy T-bond futures with the proceeds?
Pretty green in regards to interbanks.
Who does this? How do people do this? What makes it so great?
Just curious
-Adam
Who does this? How do people do this? What makes it so great?
Just curious
-Adam
Sethy...you take the cake! But 2006 shall be quite an interesting year.
But 2006 shall be quite an interesting year.Quote from SethArb:
hmmm I thought only HF's do carry trades ?
( and mr savant too ) ?
