My understanding has been that there's not much point in using fx options in conjunction with cme futures if that is your primary vehicle? Correct me if wrong.
Forgive my newb mentality when it comes to options (doesn't go far beyond puts and calls), I just meant if one were just trading currency futures intraday as their primary vehicle, there's not much practical advantage to using puts and calls to either substitute or hedge. Nevermind, it was a dumb question.
Forgive another newb question, but how are these options if they trade like ETF's? Are they not like normal options with strike prices?
If I recall correctly they are obligated to quote in USD and thus the inverted quote for some currencies. Perhaps a more interesting question is: why are some quoted in USD and and others not in the FX and banking world?
Will IB take options positions into account when calculating margin requirement on IdealPro? (By the way do you take futures options positions into account currently?)