IB- Problem With a Currency Combination Order

Discussion in 'Retail Brokers' started by himself, Jul 24, 2005.

  1. himself

    himself

    Hello-

    I tried using the IB TWS to set up a combination order to
    buy a euro contract and sell a yen contract.
    I thought I did it right as the line looked okay on TWS.

    But when I transmitted the order I got:
    "ALL OPTIONS AND FUTURES IN THIS COMBO
    MUST HAVE THE SAME MULTIPLIER"


    The TWS "contract info-description": says:
    "Underlying: eur, jpy
    Security Type: Int Mkt Combo
    Contract: + (1) 6EU5 - (1)6ju5
    Exchange: SMART
    Currency: USD
    Combo Multiplier 125,000

    To sell 1 Int Mkt Combo means:
    1: Sell 1 EUR FUT SEP05 (125000) GLOBEX
    2: Buy 1 JPY FUT SEP05 (12500000)Globex"

    How do I set up an order to sell one eur and buy one JPY globex contract?
    [I never encountered "Exchange: Smart" perhaps that is the trouble?]

    Thank you.
     
  2. IBsoft

    IBsoft Interactive Brokers

    We'll have a look tomorrow.
     
  3. himself

    himself

    Thank you.
     
  4. himself

    himself

    Hi-

    I have not heard back yet.
    Would appreciate your looking into it for me.
    Thank you,
     
  5. IBsoft

    IBsoft Interactive Brokers

    We have isolated the problem. If you PM me your account number we can start a fixed-up version of the software for you.
     
  6. himself

    himself

    Hi Pete

    here is a screen shot of how it now looks
    Thanks
     
  7. himself

    himself

    Can't get the screen shot to load here.
    Please pm me with your email address
     
  8. Just wondering why U don't sell the cross contract (RYU5 on the IMM or EJU5 on the FINEX)?
     
  9. JayS

    JayS

    How about JPY/EUR in IdealPro, looks like a tight spread.
     
  10. himself

    himself

    The FINEX does not [currently] have it as electronically traded.

    The IMM RYU5- does not seem to trade too often, but I do see this morning that it has 10 to 20 contracts on bid/asked. I will look into this further, especially whether there are good bid/asked spreads at night.
     
    #10     Jul 26, 2005