Hey everyone. I'm considering moving to IB and I'm wondering if their trading platform enables you to see Depth of Market? Also, if it has a spread-matrix function? Thanks for any help Andy
Depth of market - Yes (Up to 5 levels) - Free Nasdaq Level II - Yes - $20,- month NYSE Openbook - Yes - $ 50,- month Look for other fees / markets at their website / Fees / Market Data Spread Matrix - No (But I know there 're a lot of requests for this so it might be added in the near future)
Thanks H2O!! Really appreciate it! SethArb, a spreadmatrix is something you use if you are trading intercalendarsperads on for example the Eurodollar future, e.g. buying the March future and selling the June future of the same product. The matrix will give you the prices of these spreads directly rather than you having to calculate them from the outright prices. Andy
Andy, These orders are called spread orders and they are supported by IB !!! (On futures and Options) I thought you were looking for intermarket spreads. These will be available soon.