Symbol on IB of the big SP contract traded on Globex

nitro · Mar 8, 2004

Would someone tell me what the symbol for the big SP contract that trades electronically only in the evening session on Globex using Interactive Brokers TWS?

nitro

FX-Trader · Mar 8, 2004

They use SPX as symbol, when you use "Underlying Mode".
Should be "SPH4", when you use "Symbol Mode".

saxon · Mar 8, 2004

Hmm...didn't know you could trade the big S&P contract through IB at ANY time of day.

Is this something new?

saxon

FX-Trader · Mar 8, 2004

I didnÂ´t say that you can trade SP through them.

ktm · Mar 8, 2004

Right. You can see quotes but IB does not allow trading of the big contracts.

nitro · Mar 8, 2004

Thanks for the replies.

Hmmmm, the symbol SP does not work on IB. What is interesting is that _it_does_ trade on Globex at night, and yet you are saying that it cannot be traded thru IB.

BTW, I cannot even get the symbol up to display quotes. I will give them a call.

Ugh

nitro

riskarb · Mar 8, 2004

Quote from nitro:

Thanks for the replies.

Hmmmm, the symbol SP does not work on IB. What is interesting is that _it_does_ trade on Globex at night, and yet you are saying that it cannot be traded thru IB.

BTW, I cannot even get the symbol up to display quotes. I will give them a call.

Ugh

nitro

SPX > Future > Mar > 2004

I'm getting quotes on it, and it seems to be accepting orders, my sell at 1159.00 was in queue.

riskarb

ktm · Mar 8, 2004

nitro,

What time did you try it? You don't get quotes during the day - I think within 15 mins of the pit opening.

I asked about trading it and their reason was that since it was pit traded during day hours (and IB is all-electronic), that IB would not allow customers to enter into contracts that they may not be able to exit during the day.

That makes sense. I am still hoping the big contract goes electronic soon and IB picks it up.

nitro · Mar 8, 2004

Quote from riskarb:

SPX > Future > Mar > 2004

I'm getting quotes on it, and it seems to be accepting orders, my sell at 1159.00 was in queue.

riskarb

nitro

nitro · Mar 8, 2004

Quote from ktm:

nitro,

What time did you try it? You don't get quotes during the day - I think within 15 mins of the pit opening.

I asked about trading it and their reason was that since it was pit traded during day hours (and IB is all-electronic), that IB would not allow customers to enter into contracts that they may not be able to exit during the day.

That makes sense. I am still hoping the big contract goes electronic soon and IB picks it up.

ktm,

thanks, riskarb spelled out...

U think IB will ever offer pit traded comtracts? :eek:

nitro