IB new forex spreads

Quote from Hoi:

To Steve and Def:

Is it possible to implement the charting (and thereby the backfill) of all the IDEALPRO-tickers (including all the 28 crosses).

This is currently missing in TWS and we see it as quite essential to have charting of the FX-tickers.

Thanks for considering.
Hoi (ButtonTrader)
More...

The best I we can do is make the request.
 
Quote from Hoi:

To Steve and Def:

Is it possible to implement the charting (and thereby the backfill) of all the IDEALPRO-tickers (including all the 28 crosses).

This is currently missing in TWS and we see it as quite essential to have charting of the FX-tickers.

Thanks for considering.
Hoi (ButtonTrader)
More...

just rec'd word that it will be made available with one day of backfill.
 
Hi Def,
Great to hear.... so also the TWS-Charts for FX-crossings will be available? And those charts will have a much longer history than the one day for backfill only ?
 
Hi, Steve and def.

Now your customers can trade two fx products in IB, Ideal Pro and Globex FX Futures. How do you compare these two products, their advantages and disadvantages to each other? Thank you.
 
Quote from SethArb:

here are some representative spot rates for IB

in forex at 9 pm EST

MAJORS PAIRS

EUR / USD 2 PIPS

GBP / USD 3 PIPS

CHF / USD 4 PIPS

USD / JPY 2 PIPS

CROSSES ...

EUR / JPY 2 PIPS

GBP / JPY 5 PIPS
More...

Nice spreads.
 
Quote from SethArb:

your better bet for FX crosses might be to chart
the futures crosses that do volume
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Hi SethArb,

I have thought about this as a way to use volume information while trading spot rates. I'm not sure it gives accurate information though. Spot rates are really the ones that are running the show, the futures just follows along for the ride. If IB can't offer the needs to chart crosses then it isn't satisfying the entire solution with their TWS API in my opinion.

Everything I see about IB so far shows they are making regular progress which is good and I think shows their committment to making this a great product very soon. I will continue to watch this space as IB keeps improving their services and likely switch all my accounts there if their good work continues.

MK
 
Quote from SethArb:

your better bet for FX crosses might be to chart
the futures crosses that do volume
More...

I must be missing something here. Since when do the futures crosses do any volume? The futures outrights are doing great volume. But for crossess I have yet to see much progress on CME for like Eur/Yen etc...
 
my point was ... and I could be mistaken on this

is that as of now there is no way using IB IDEALPRO FX to chart spot FX

or chart SPOT FX CROSSES

you can chart the major pairs in futures and even some of the major crosses that do a little volume

ok ... maybe that is only using 60 minute bars over a week in the crosses ( futures )

as far as futures following spot ... yes that is prob true , but with IB's tighter spreads in spot now and futures one can even choose which at any given time has the tightest spread and offers the best liquidity in case you need to "pay up"

:p
 
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