Registered: Jun 2008
08-30-12 02:45 PM
Quote from Options12:
comintel, in May you said you closed your IB account.
Did you reopen with them or did you go with another broker?
Thanks in advance.
I myself am using CTS T4 via Cunningham Commodities now and they are good. Well, they have their issues too such as no accurate real time SPAN margining so you have to negotiate the margin/risk parameters and the details of that can be awkward and complex. In the end, they have been extremely accommodating to me but I have to sort of guess at the margin status in my head during the day.
They do not support requesting new user defined spreads via their API but you can call up Globex and have Globex add them, and then T4 will pick them up right away if you refresh.
I do not have an IB account any more but I am still very familiar with IB from having used it for many years. I still try to give IB credit where it is due. I might not use them again for futures options, which I trade, but would go back to them if I were trading stocks. I may open a secondary account with them again for stocks later on.
I also had an account with PFG. Oh well.