Anybody using IB to trade the pit contracts, specifically CBOT grains? I'm wondering about fill quality and execution/fill reporting times. Any comments welcome... Cheers
hi. i know you asked for grains, but i have used them for cattle and hogs. the fills have been better than i hoped. i never have traded with pit contracts before so i thought i would get screwed(so i have read),but its been pretty good.reporting back is usually good but sometimes knowing if a trade has been confirmed cancelled or not can be interesting. but that is rare. and it also was an Oct contract. i wish i knew more about how the process works for Ib and pits.
Have you tried any grain trades since you posted this 2 months ago? How were your experiences? IB lists floor corn as supported, but then lists the electronic contract (ZC) as the symbol. Battle: Primarily market or limit orders?
Not sure if you are aware of it, but, as I recall, the CBOT is going to be listing its grains electronically starting in August. It will have "side-by-side" trading going: pit and electronic. I'm sure the CBOT website has more information. Aaron Schindler Schindler Trading