basic qns on Globex/floor trading

Please share with us how the fungibility you do is done in IB.

 

hi.do you mean with the hog contracts? i thougt that what he meant

 

I think trading will probably move to the screen in a little more than 5 years, maybe 7 or 8, which is probably a little more optimistic than some. Still a good amount of volume on the floor to keep it open.

 

Sure, explain to us how you do this in IB using any example. The only way I know is to close the postion in one then reopen the postion in the other, thereby incurring commissions (and other possible side-effects).

 

hi janed. when i open a position with say globex ,i can close using the floor.

 

Ok, what steps to you take in IB when you have both underlying symbols HE and LH? I cannot imagine how this is done.

 

hi.with IB, the symbol is HE for both.you just have to select globex or floor(cme)

my quotes are like this then:

HE cme apr--
HE globex apr--
etc

same with cattle,grains.

hope this helps

 

Yes, that's similar to other things I trade there. So how do you convert your position from "HE cme apr" to "HE globex apr" or vice-versa without taking a hit???

 

what on earth do you arb a lean hog against? oh, bellies?