There are many times when I would like to execute multiple different futures contracts simultaneously but I don't have the software that allows it. I have seen IB Trader workstation but unfortunately, their exposure fees make it too expensive to trade futures there, Is there any futures trading software that allows basket trading?
I just asked CQG support and they said yes. CQG Trader has what they call "Batch Order Entry" they sent me this:
This is from CME Direct-The free futures platform for only CME orders: What you want is call the Blotter on CME Direct - Use the Blotter to stage multiple orders, and to manage those orders in a non-Live market. From the Blotter, you can quickly submit orders for any product displayed in the Trading Grid. The Blotter provides the clearest and most obvious means for entering and modifying exchange orders.
There are a few ways to enter 'batch' orders on X_TRADER. The first method is to enter your orders on hold and releasing them simultaneously. A order 'on hold' resides on X_TRADER or the gateway and it will not be released to the matching engine until you click 'Submit' in the order book which you may do for multiple orders at the same time. https://www.tradingtechnologies.com/help/x-trader/orders-and-fills-window/holding-orders/ There are also numerous ways to do this with an aglo. For example, if you wish to scale into the book for a single contract, that algo only requires a few blocks and can be constructed and waiting for you in a few minutes. https://forums.tradingtechnologies.com/showthread.php?2682-Scale-Order-V1-4-4-14