futures traded at IB?

Discussion in 'Retail Brokers' started by jj2005, May 2, 2006.

  1. jj2005

    jj2005

    Does IB allow us to trade COMEX gold and silver?

    If I want to day trade silver, does CBOT silver have sufficient liquidity?
     
  2. ddunbar

    ddunbar Guest

    Yes. On E-CBOT

    ZI(Silver)
    ZG(Gold)

    Substitute Y for Z for the minis.

    As far as daytrading silver, it's volume is relatively thin which would indicate to me that you'd have no trouble entering but slippage galour exiting a trade.

    If you're going to daytrade futures, try something with a daily volume >250,000 contracts and an open interest at least 75% of it's daily volume.

    The CME is a volume leader with their E-mini S&P 500 (Avg 800,000 contracts/day) perhaps eclipsing the volume of all of CBOT's products combined.