Brent (NYMEX:BZ) fractional futures?

Discussion in 'Interactive Brokers' started by kmiklas, Oct 15, 2023.

  1. kmiklas

    kmiklas

    Does IBKR offer fractional (1/10th) future purchases on Brent Crude (NYMEX:BZ)

    Been Googling around but can't seem to find a straight answer. Thx.
     
    murray t turtle likes this.
  2. maxinger

    maxinger

    Brent is the Europe, not the US thing.

    Try different exchanges

    ICE Futures Europe
    ICE Singapore
     
    murray t turtle likes this.
  3. kmiklas

    kmiklas

    Thank you.
     
  4. kmiklas likes this.
  5. kmiklas

    kmiklas

  6. Good luck.
     
    murray t turtle and kmiklas like this.
  7. schizo

    schizo

    Did you say "easy money"? Energy futures (crude, nat gas, etc) are probably the most volatile market in the futures category. If you're not already familiar with these futures, don't even bother. Just go with one of these ETFs:
    • United States Oil Fund LP: (NYSE Arca: USO)
    • United States Brent Oil Fund LP
    • Horizons Crude Oil ETF: (HUC)
    • ProShares Ultra Bloomberg Crude Oil: (UCO)
    • Invesco DB Oil Fund: (DBO)
    • ProShares UltraShort Bloomberg Crude Oil: (SCO)
     
    kmiklas likes this.
  8. kmiklas

    kmiklas

    What’s the US thing?
     
  9. CL (Texas light crude oil)
     
    kmiklas likes this.
  10. maxinger

    maxinger

    I mean Brent crude is mainly traded in ICE Europe and WTI crude in NYMEX.

    There are other types of crude oil / Exchanges dealing with oil

    eg Oman crude oil from DGCX Dubai gold and commodities exchange
    eg Sour crude oil from Shanghai International Energy Exchange INE
    eg Dubai crude oil from Osaka Commodity Derivatives Exchange
    etc etc etc
     
    #10     Oct 16, 2023
    CALLumbus likes this.