tws paper error messagge "commodity segment does not exist"

Sorry people, some more bad news:

When checking my today's trade statement, I realized that IB is charging more $0.05 per contract on the micro e-mini futures.
It was $0.47 per contract until at least last Friday.

It is a price raise of more than 10%, without any previous notice.

I checked IB's website pricing table and their indicated fees / commissions remain the same there ($0.25 per contract).

I couldn't find any confirmation about any fee raised on the CME website as well.

It may not seem much, but it will make some difference in the final P&L, specially for day traders.

I hope IB is not taking advantage from the Brexit non-sense and this is not a new "EU price" for the European traders...
 
Rui S said:
Sorry people, some more bad news:

When checking my today's trade statement, I realized that IB is charging more $0.05 per contract on the micro e-mini futures.
It was $0.47 per contract until at least last Friday.

It is a price raise of more than 10%, without any previous notice.

I checked IB's website pricing table and their indicated fees / commissions remain the same there ($0.25 per contract).

I couldn't find any confirmation about any fee raised on the CME website as well.

It may not seem much, but it will make some difference in the final P&L, specially for day traders.

I hope IB is not taking advantage from the Brexit non-sense and this is not a new "EU price" for the European traders...
More...

It was mentioned. and you would have known had you been signed up for CME Communication Group's alerts. Well, now you know.

https://www.elitetrader.com/et/thre...icro-metals-effective-february-1-2021.355226/
 
HobbyTrading said:
You have to read IB's page about futures with physical delivery. Then you will notice that they won't allow you to open a long position in the GC Feb contract because the close-out period has already started.
https://www.interactivebrokers.com/en/index.php?f=deliveryExerciseActions&p=physical
More...

Thank you for you reply and information.

I am aware of IB's rules regarding the physical delivery.

To make sure before my previous post that you mentioned I consulted IB's website, and it states the following:

"START OF CLOSE-OUT PERIOD: 2 business days prior to cutoff"

The "GC Feb 21" contract still had 19 days to expiration, so I thought that shouldn't be the problem.

After that I placed a buy order on "SI Feb 21" contract, which expires in the same date and is within the same category and rules - the order was accepted.

That made me insure, thus my question "Are you experiencing the same issues?"

Anyway, I was just trying to help. I rarely trade GC.

Any further information is welcome, though.
 
Rui S said:
"START OF CLOSE-OUT PERIOD: 2 business days prior to cutoff"

The "GC Feb 21" contract still had 19 days to expiration, so I thought that shouldn't be the problem.
More...
The cut off date for a short position in the GC February contract is February 24th. The cut off date for a long position is January 28th. You won't be able to open a long position in this contract any more.
 
HobbyTrading said:
The cut off date for a short position in the GC February contract is February 24th. The cut off date for a long position is January 28th. You won't be able to open a long position in this contract any more.
More...

Thank you for clarifying that for me. We are always learning...
 
Looks like IB solved this problem. I found new one - you can't PAPER trade some complex/leveraged instruments (the have small NT icon). However I can trade them on my LIVE account.
 
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