Looking for an IB for Wedbush / well capitalized firm for trading futures

Discussion in 'Interactive Brokers' started by dextor, Jul 23, 2017.

  1. dextor

    dextor

    Hi,

    I would like to open account with Wedbush, what are the:

    1) Recommendations for an Introducing broker
    2) Minimum requirement to open an account
    3) Will be trading options / futures ?
    4) How long does it take to process an application ?
    5) Can I wire from my Interactive broker account to the account or it has to be direct from my bank account?
    6) (Optional) Would be great if I can trade futures / options in the Asian region.

    I am planning to do spreads / synthetic spreads.
    Still evaluating the platform - either TT / CQG

    Drop me a message or ping me. Willing to have a chat.
     
  2. FSU

    FSU

    Bob, 30 minutes and no comment? You are off your game!
     
    Robert Morse and beerntrading like this.
  3. dextor

    dextor

    To add, most of the time, I would be trading US futures. (Most important point)
     
  4. I almost posted the same thing 5 mins into this thread.

    I wonder if OP has a PM yet. :p

    Also, for OP, can I ask your reasons for leaving Interactive Broker?
     
    FSU likes this.
  5. dextor

    dextor

    strange, i didn't disable my PMs and am not getting any.

    upload_2017-7-23_23-16-32.png
     
  6. I said that tongue-in-cheek...Bob will be in here soon enough. Fear not!
     
    dextor likes this.
  7. dextor

    dextor

    I'm not leaving Interactive broker... just transferring majority of the cash from there.
    Planning to get ETFs later :)

    Main reasons:
    1) To take advantage of margins for trading exchange traded spreads
    2) Execution of synthetic / spread orders seems to be lagging for futures, am exploring other tools, but it does not work with Interactive broker, e.g. TT / CQG / CTS T4 etc. Closing the trade for synthetic spreads seems clunky on Interactive broker

    Now that I think about it, I might trade options from Interactive broker and futures on this new account.
     
    beerntrading likes this.
  8. Thanks
     
  9. drm7

    drm7

    Optimus clears Wedbush and has the platforms you want. I am not a customer, but they seem to have very low commissions. (Lower than IB). @MattZ is on here a lot - he is with them.
     
    MattZ and dextor like this.
  10. dextor

    dextor

    Cool... Even RJO would be great for me. Any reason why someone would chose Wedbush over RJO?
     
    #10     Jul 23, 2017