anyone use RAN to trade futures options? I am wondering if it works well to trade electronic (not pit traded) futures options or just better to phone in my futures options trades?
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use RAN to trade futures options?
- Thread starter increasenow
- Start date
You cannot trade ANY options spreads. RAN does not update in real time--you have to constantly click the refresh button. You do not even know if/when you trades are accepted or canceled or executed, for the system is delayed. Quotes are delayed. All portfolio data is delayed. Believe me, I used it for about 4 months, and it was hell. Like I said above, it's like comparing a horse and buggy to a ferrari.
The vast majority of options on futures, especially all those offered through the CME, are traded electronically now. I really don't see a reason to use RAN to go to the pit.
Only exception might be serial months for the softs, but considering the wider spread in all of those commodities... you should beg/borrow/steal your way into trading directly with a pit broker via give-up.
Only exception might be serial months for the softs, but considering the wider spread in all of those commodities... you should beg/borrow/steal your way into trading directly with a pit broker via give-up.