Im intrested in using Interative brokers for my comex gold trading Please tell me the symbol, transaction cost( comission for buy and sell together) Does Ib have an excectuion only platofrm or do you have a charting software as well? Im also very concerned that I will get phsicaly dilivery for my trading on comex gold, which I can't afford, (1000*100 USD) Hence I want to know If IB will liquidate my gold contract if Im (for some uknown reason) still having a position at contract expirary. Will ib ALWALYS Liquidate the contract before that month expiries?
What would prevent you from closing the position prior to first notice day? I think you are much better off trading physical coffee.
I want a answer before I make a commitment in the worse case senario.Can you imagin if I wake up to a dilvery bil for (1100*100USD)? Trading COFFEE? None of your nonsence please.
The symbol is GC on NYMEX. IB will liquidate your positions generally 2 days before the critical day. More precise information is here: http://www.interactivebrokers.com/en/p.php?f=deliveryExerciseActions We do not have a platform fee.