Interactivebroker (IB) spreads

Caroch · Jan 8, 2007

I am looking to open an account with IB's ideal pro and was wondering what the typical spread for the EUR/GBP pair is. Is it 0-1 pip like currenex or worse. Thank you

dhpar · Jan 8, 2007

1 pip

Caroch · Jan 8, 2007

does it ever reach 0 pips?

dhpar · Jan 8, 2007

Quote from Caroch:

does it ever reach 0 pips?

sometimes it reaches minus 2 pips (but only when you have more than 20 posts on ET)

walterjennings · Jan 8, 2007

I tried writing a system that trades on negative spreads on IB's smart routing system.... did'nt work

Caroch · Jan 8, 2007

does it really reach -2 or were you being a smartass?

whoknows? · Jan 8, 2007

ohmygoodness

Caroch · Jan 8, 2007

no im serious, on currenex there are times when there are -1 pip spreads that last for a second or 2 which you can pick up if you are quick.

dhpar · Jan 8, 2007

Quote from Caroch:

no im serious, on currenex there are times when there are -1 pip spreads that last for a second or 2 which you can pick up if you are quick.

yeah - and 20yrs old marilyn monroe is just giving me a BJ.

Caroch · Jan 8, 2007

lol, well i guess you answered my question about you being a smartass. But seriously, with a full liquidity book with the currenex platform, it does happen.