Brokers providing covered combo order entry for ES

Discussion in 'Options' started by devtrader, Jul 27, 2017.

  1. devtrader

    devtrader

    I have been using Interactive Brokers for trading ES futures and options for a while now. I was disappointed to recently learn that IB does not have ability to route covered combo (future and option combo) orders on ES to CME. When I asked IB support guys if IB has any plans to support covered combo orders, I was told that they do not.

    Anyone have a broker recommendation for trading ES futures and options, and one that allows covered combo orders? Any broker that have similar fees, and similar margin requirements on short options would be helpful.

    Thanks!
     
    raf_bcn likes this.
  2. Robert Morse

    Robert Morse Sponsor

    We can offer this with CME Direct and an account at Wedbush Futures.
     
  3. Robert Morse

    Robert Morse Sponsor

    Here is a simple example:

    upload_2017-7-28_7-45-1.png
    upload_2017-7-28_7-46-18.png
     
  4. devtrader

    devtrader

    Can a combo order with future and option legs having different expiry allowed in CME Direct?
     
  5. Robert Morse

    Robert Morse Sponsor

    YES.
    upload_2017-7-28_10-33-20.png
    upload_2017-7-28_10-33-53.png