IB has a new feature for futures traders called the index arbitrage meter. I don"t think it is working correctly.Please Def or someone else can you offer some insight . Thank you.
tell me what you think is wrong and I'll look into it. The arb meters are simply designed to show the extent of a discount or premium relative between the cash and the front month future. Green -> premium; Red -> Discount. Fair Value = cash index price + interest - dividends prem/disc = future price - Cash index price - FV
thank you def. I had the green and red indicators reversed. with your explanation it now makes sense. BY the way, I think the trading platform is terrific just as it is and your interface on this website helps tremendously. I hope management know the important role you play with us traders. Thanks again.
Yes, you should be able to access the Index Arbitrage Meter even from a stock account. Type in the symbol NDX, select Index from the menu. You can do the same for SPX (are there others?). Once you have a row containing the index, right click and choose Show Arbitrage Meter. -v