Question about order types on CME

Discussion in 'Order Execution' started by snackly, Apr 15, 2009.

  1. snackly

    snackly

    Is it possible to submit orders for say two different instruments and have either both of them filled or neither of them filled? (either market or limit)
     
  2. cvds16

    cvds16

    depends
     
  3. snackly

    snackly

    What conditions does it depend on? Thanks.
     
  4. cvds16

    cvds16

    what are you trying to do ?
     
  5. snackly

    snackly

    Can I submit an order to buy n contracts (say n is a low number for simplicity) of front month corn futures and also to buy n contracts of front month wheat futures so that they are either both filled or neither filled?
     
  6. cvds16

    cvds16

    you do realise you are extremely vague, I gave you an according answer. With IB you can do combo's of options on futures for example as one order.
    edit: our answers crossed each other
     
  7. cvds16

    cvds16

    nope I don't think that example is possible as both products are unrelated. You could go for something close to this, but not be garantueed perfect execution through IB with a conditional order.
     
  8. snackly

    snackly

    Not sure what IB has to do with this. Isn't it the systems at the exchange that decide this? CME would have this ability no? (or not have it, as the case may be).

    Also you said these two products are unrelated. Can you give me an example of two products that are related that you could do this with?

    Thx.
     
  9. cvds16

    cvds16

    no, it's IB internal way of trading not related to the exchange.
     
  10. cvds16

    cvds16

    puts and calls = stradle, but IB has more possibilities than just those two.
     
    #10     Apr 15, 2009