IB retail pit access or not ???

I'll check ---I that there I checked a subscription for all pit futures. I will double check --thanks

 

Ok I subscribed for 'trading access' for pits not for individual market subscriptions ---I am not paying 55 dollars for cbot ---i already do under another platform.

But it is odd that I can get the last quote for Live Cattle at the CME without the data subscription and not for Cbot. But yet I can get an electronic quote for ECbot grains.

I will play with it some more.

 

Are you sure that you are getting a quote for the meat on CME, not GLOBEX?

 

hi tgm. is the last quote for LE updating or is it just showing end of day? just wondering. have you tried any trading to the cme floor with IB?

 

I am getting quotes for both! It appears to be live CME Live cattle and hogs from the pit. It may be slightly delayed---but it is running right with my realtime quotes and is right on top of your CME globex cattle quotes.

 

not yet ----you first.


I am starting to move some grain business--But I enter orders at night mostly on Ecbot.

 

U guys could at least pipe through some kind of delayed pit data---so at least the order lines show something. Kinda odd entering an order with no quotes or nothing. Delayed data on commodities is free on the web. I dont think it would eat up to much space for you guys to do. CME delayed is 10 minutes on the web and that delay wont make a difference sending something to the pits.

 

I almost put in an order today to sell short Corn in the Pit. But several problems came up.

First: I was unable to attach a protective stop with the order. Uh, oh.

Second: I tried to enter on a stop (breakout trade) which was also unsuccessful, I guess I could have entered with a limit or market order when the market did break but that would have required for me to watch the market live.

So my questions are
- how to have a stop in place (even if just simulated on IB's platform)
- how to enter on a breakout

Thanks.

 

We do not provide stops on pit. The reason is we care about you. I doubt you really want to be exposed this way. Please, take a look at
http://www.interactivebrokers.com/en/trading/exchanges.php?exch=cme&ib_entity=llc
and
http://www.interactivebrokers.com/en/trading/exchanges.php?exch=cbot&ib_entity=llc

 

Thanks ids,

Please enlighten me to my erroneous thinking though.

Today, I was going to go short @ 234.5 with a stop @ 236.5

Exit after a few ticks as it was just a test trade.

Now, if I am really worried, I might think of entering a short @ 234.5 stop limit (limit at @233.5), stop @ 236.5

One tick is $12.5/contract ....