Any possibility of IB offering Commodity TRAKRS (and other TRAKRS) futures trading? http://www.cme.com/about/press/cn/05-148JRtrakrs16494.html Excerpt: ...when purchased by non-institutional investors, they are the first futures contracts that can be held in securities accounts. Previous ET threads pointing to a real retail demand: http://www.elitetrader.com/vb/showthread.php?s=&threadid=61682 http://www.elitetrader.com/vb/showthread.php?s=&threadid=68194
Last time I checked, these are way too expensive to trade. The multiplier is 1 and they're priced in the $25 range, so a 1% move is worth only $0.25 per contract. Compare this to ES, where a 1% move is >$600 per contract, YI (mini silver) at >$1200 per contract, etc.