Options on Futures broker?

BadHaircut · Nov 17, 2008

I am looking for a good online broker for options on futures trading with reasonable commission rates.

I would like to be able to trade not only options on index futures (which is all TOS seems to offer) but also on grain and metal futures.

sk8erboy · Nov 17, 2008

Open E Cry

2ticks · Nov 17, 2008

Lind-Waldock and PFG come to mind.

BadHaircut · Nov 17, 2008

Quote from sk8erboy:

Open E Cry

According to their FAQ you can't trade options on futures via OEC's software. http://www.openecry.com/traderstoolbox/faq_display.cfm?FAQID=40&Cat=1&Row=21

It seems odd to me that their would not support that, is that correct?

sk8erboy · Nov 17, 2008

Quote from BadHaircut:

According to their FAQ you can't trade options on futures via OEC's software. http://www.openecry.com/traderstoolbox/faq_display.cfm?FAQID=40&Cat=1&Row=21

It seems odd to me that their would not support that, is that correct?

Probably this faq is outdated.
I can view options chain and submit orders through my OEC Trader platform after I enabled options trading on my account page.
The rates are here http://www.openecry.com/rates/calcrates.cfm

For example, symbol for es options is OES

BadHaircut · Nov 17, 2008

Hello sk8erboy,
thanks for the reply.

Quote from sk8erboy:

Probably this faq is outdated.
I can view options chain and submit orders through my OEC Trader platform after I enabled options trading on my account page.
The rates are here http://www.openecry.com/rates/calcrates.cfm

OK that's great.
Do you happen to know if they perhaps also offer a web interface which would allow to check ones orders and positions and exit if need be?

sk8erboy · Nov 17, 2008

Quote from BadHaircut:

Hello sk8erboy,
thanks for the reply.

OK that's great.
Do you happen to know if they perhaps also offer a web interface which would allow to check ones orders and positions and exit if need be?

There's no web interface, but you can configure the OEC Trader to notify you via email after your orders are filled

crgarcia · Nov 17, 2008

Quote from BadHaircut:

I am looking for a good online broker for options on futures trading with reasonable commission rates.

I would like to be able to trade not only options on index futures (which is all TOS seems to offer) but also on grain and metal futures.

MF Global / Lind Waldock, and Alaron.

BadHaircut · Nov 18, 2008

Thank you guys for all your replies.
Do you have any thoughts on Mirus or AMP? How do they stack up against say OEC?

sk8erboy · Nov 18, 2008

Quote from BadHaircut:

Thank you guys for all your replies.
Do you have any thoughts on Mirus or AMP? How do they stack up against say OEC?

No problem man,

I trade via AMP using OEC platform (AMP Global) - the commissions are much more competitive than if you go directly with OEC.