IB - commission - EUREX

[ben111]

Hello,

I'm trading Bund options (OGBL) and using IB. It it better to use bundled or unbundled when I make ~500 rt/month?

And trading options over IB you can use the SMART feature or direct routing. What's the best choice for the best fill?

Thanks

 

[cvds16]

it depends if you trade intraday or keep overnight and how long you keep them ... it's a simple math thing ... use those braincells ...

 

[ben111]

I know it's a math thing but I don't finde the numbers at IBs homepage :-(

No overnight positions, just intraday.

 

[cvds16]

then it's simple use unbundled.

 

[ben111]

Hi,

thanks!

So I have to choose SMART routing. With direct routing I won't get the cheaper commissions, right?

 

[teun]

The routing is no issue when a product only trades on 1 platform (exchange).

And for options you can never choose between bundled/unbundled.

 

[cvds16]

Not true these are future options. So unbundled.

 

[teun]

Ahh, sorry, you're right.

 

[ben111]

Thanks for your help!

So for SPX options routed over CBOE there is unbundled not possible.
For Bund futures options it's possible to get unbundled.