IB symbols

Discussion in 'Retail Brokers' started by plan, Jun 5, 2009.

  1. plan

    plan

    Can someone tell me what symbol IB uses to watch spot crude? (running, not next month)

    Thanks.
     
  2. plan

    plan

    Come on guys, I get faster service from IB chat :)
     
  3. plan

    plan

    Found it QM ...
     
  4. the symbol is CL and the spot month is the front month for all futures, if I am not mistaken. I had the same question when I started and nobody could give me an answer.

    The front month is also the most liquid contract available in almost all cases. (+/- 94%)
     
  5. ITR2744

    ITR2744

    QM is the MiNY Crude contract 500 barrels...
     
  6. plan

    plan

    So when they say crude is at $70, is that QM or CL?
     
  7. None, it's the spot. QM and CL are futures.
     
  8. plan

    plan

    Thanks, so what's the symbol for tracking the spot price?
     
  9. plan

    plan

    That's great, thank you.
     
    #10     Jun 6, 2009