Interactive Brokers - No AUD interest rate contracts

[Steve_IB]

Quote from zentrader:

It's because of the variable tick value. I was told it would require considerable programming changes as their systems are all set up for fixed tick values.

This is correct.

If we had significant demand then we would consider it. But for now its pretty low on the queue. You're welcome to suggest it on our features poll.
http://www.interactivebrokers.com/en/general/poll/poll.php?ib_entity=llc

(dhpar - re: variable tick size: these contracts are priced on a yield basis, which means that each tick has a different value, e.g. a move from 94.01 to 94.02 is not the same monetary value as a move from 94.05 to 94.06)

 

[dhpar]

Quote from Steve_IB:

This is correct.

If we had significant demand then we would consider it. But for now its pretty low on the queue. You're welcome to suggest it on our features poll.
http://www.interactivebrokers.com/en/general/poll/poll.php?ib_entity=llc

(dhpar - re: variable tick size: these contracts are priced on a yield basis, which means that each tick has a different value, e.g. a move from 94.01 to 94.02 is not the same monetary value as a move from 94.05 to 94.06)

Thanks Steve. I will suggest it on the features poll.