Holding position until LTD or the day before FND with IB

Discussion in 'Commodity Futures' started by ryker, Sep 21, 2019.

  1. ryker

    ryker

    Hi,

    Does anyone trade commodity futures with Interactive Brokers and hold positions until LTD or the day before FND?

    I am considering to switch from Phillip Capital which are ok with this.

    Does IB has a policy to automatically close trades if too close to expiry?

    Thanks
     
  2. Bum

    Bum

    Close-out deadlines in the graph. (physical delivery futures)

    https://ibkr.info/article/992

    https://ibkr.info/article/568

    ***Traded with them for about 10 years but don't recall ever holding till LTD. Usually roll prior to LTD.
    ***Didn't use the "auto-roll" feature since they have a window that pops up every day when positions are nearing expiration.
     
    Last edited: Sep 21, 2019
  3. ryker

    ryker

    Great thanks