IB retail pit access or not ???

Quote from def:

Getting closer but I'm afraid I don't have anything more specific to provide.

Def, you're beginning to sound like the Microsoft PR dept.
 
I just saw in Account-Management that you already can subscribe to the Quotes:

CBOT-Floor $55
CME-Floor $35
NYBOT-Floor $75
NYMEX-Floor $40

(I have not tried it yet {a bit expensive for just checking how it works}).
Maybe someone else has ?
 
Quote from Hoi:

I just saw in Account-Management that you already can subscribe to the Quotes:

CBOT-Floor $55
CME-Floor $35
NYBOT-Floor $75
NYMEX-Floor $40

(I have not tried it yet {a bit expensive for just checking how it works}).
Maybe someone else has ?

Wow, that's a pain. It will be made fairly difficult to trade the contracts w/o paying the vig. :p

BTW, you've got a fantastic app with Buttontrader. Now if you'd entertain the idea of expanding those tick charts from 10min to daily.
 
Quote from riskarb:

BTW, you've got a fantastic app with Buttontrader. Now if you'd entertain the idea of expanding those tick charts from 10min to daily.

:) :) working on it !
 
Quote from kiwi_trader:

LOL ... too true ... get ready for a whole new generation of complaints IB.

You don't get stops elected on electronic markets, prices trade worse and then better than the stops, and then the 5 minutes later when the price has collapsed to awful levels the coffee broker finally gets back from the toilet ... and you're in the toilet for $1100 a contract!

Or did the B'stard just pocket the difference?

Quote from riskarb:

Nobody has a gun to your head -- if you don't want to trade pit contracts... don't.

Just illustrating the reality that floor access will create for IB and IB's customers. For a bunch of people used to the relative honesty of electronic markets the NY Commodities Floors will be eye opening.

You're right about choice though. I don't trade coffee (or lumber) any more ... there are more straight forward ways to make a living.
 
Quote from kiwi_trader:

Just illustrating the reality that floor access will create for IB and IB's customers. For a bunch of people used to the relative honesty of electronic markets the NY Commodities Floors will be eye opening.

You're right about choice though. I don't trade coffee (or lumber) any more ... there are more straight forward ways to make a living.

Didn't mean to come off as a hard-ass, but I welcome the addition. I couldn't agree more w.r.t. NYMEX, COMEX, etc...
 
Looks like if you want pit quotes u got to pay the full load!

I wonder if you can put in orders without subscribing to the data? I would hope so. I aleardy get the data delayed on the pits and have found that is all I need.
 
Please can you quote on the spread business? Will the order entry work for us or do we need to go to third party developers like buttontrader?
Quote from ids:

You always can place an order without market data for whatever reason you do not have the data.
 
ids,

Would you guys consider a "non-live" data offering?

I sleep during pit hours and don't want to daytrade the pits with you guys but I would like to be able to eoday trade using IB.

Its helpful to be able to study the price patterns on 30m bars so a backfilled 15m (or longer) delayed data option would let those who dont want to daytrade the pits do the job entirely with IB tools.

Its free from futuresource so I would guess the cost would be low. Also it would be useful for anyone considering stepping up to day trading. What do you think?
 
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