Can anyone provide the names of recommended futures option brokers? I'm looking for a broker to work with as I am relatively new to options. From what I've looked at, electronic platforms can be rather expensive to work multi-legged strategies and I also trade open outcry options. It seems as though Opportunities in Options is one of the only IBs that caters to futures options. They are a bit on the high side in terms of pricing IMHO. Any suggestions would be much appreciated. Thanks, ed
What futures do you want to trade? I'd look into Futures International for grains, XFA or TJM for index & fixed income options. Both will provide you with an electronic platform and at the same time you can call to place orders and often times they'll call to show you what's trading on the floor. Can be a little expensive I know the SP options can run $1-$2 for retail custy's, but still not bad that's a big contract (2.5 SPX contracts).