Will IB list the New ICE traded Crude contracts?

mahram · Jan 31, 2006

hey will IB get into the fray and list the new ICE crude contracts or will they side with Nymex, and try not to ruffle any feathers and stay with nymex?

just21 · Jan 31, 2006

They already have IPE contracts which are part of the ICE.

squeeze · Jan 31, 2006

Quote from just21:

They already have IPE contracts which are part of the ICE.

But not the new WTI contract ICE are about to launch.

just21 · Jan 31, 2006

The chances of any exchange taking significant volume from another is extremely low. Last time it happened was the Bund from Liffe to Eurex.

squeeze · Jan 31, 2006

Perhaps,

But a lot of people will like a fully electronic light sweet crude contract.

jumper · Jan 31, 2006

i would give it a try the exchange fees are lower.

ktm · Jan 31, 2006

I would like to see options on the electronic contracts. If this gets us closer to that becoming reality, I'm all for it.

squeeze · Jan 31, 2006

Is anyone from IB reading this thread?

Perhaps you could comment on the availability of these contracts on your platform?

ids · Jan 31, 2006

ICE did not open trading of WTI futures yet. The release date is February 3. IB will try to offer these futures at the first day of trading. ICE options went trough a long discussion on ET some time ago. IB does not offer options because of not existing liquidity.

atorchio · Feb 7, 2006

According to this page:

http://tinyurl.com/8x9mx

brent options ARE available for trading... Anyone tried them? Or is it just an error on the website?