what is a good platform for STIRs?

Hi all,

hope you could put me in the right direction. I am looking to set up a low cost platform/account for Eurodollar spreads.

A few years back I traded the Short Sterling contract on ICE and I was profitable. CQG mobile was the platform. CQG allowed me to define the various spreads I was interested in. Bundles could not be done if I remember correctly. I was interested in those but costs were the main hindrance. Before commission I was profitable, but once I subtracted £10+ round trip for 1 spread, most of the P&L was eaten up by commission.

Now I want to get back into the game, but properly set up this time round: low-cost platform, low commission, auto-spreader/matrix, possibly allowing for bundles too. Charting/TA is not important. I can do that with a Reuters platform I have access to.

Any pointers would be really appreciated.

Thanks,

bd
 
Trading Technologies probably does everything you want. It's expensive ($1400/month) but is pretty much the gold standard. CQG Integrated Client has similar capabilities. As far as cost, you should probably buy or lease a CME membership. Exchange fees will be the largest component of commissions cost, and a membership can save you 50%-80% off the standard retail fee. Most brokers can help with the membership application.
 
http://deepdiscounttrading.com/TradingPlatforms.html this is list of all platforms. TTnet is the successor to xtrade and is lot less expensive.

You probably want to talk to a clearer in London to get the lowest clearing rates. Try www.marex.com www.mettraders.com www.xconnecttradng.com www.ghfinancials.com

ABN AMRO are not taking own account traders these days.

Here's detailed pricing info for the TT platform: https://www.tradingtechnologies.com/resources/pricing/
If you'd like a free, 30-day trial, use this link:https://www.tradingtechnologies.com/try-tt-now/

You are welcome to contact me with questions.

All the best-
Patrick
 
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