I've seen complaint on ET that Interactive Brokers don't allow preopen trading on eminis . What is your experience with this ? Does your broker restricts emini trading into regular trading hours ? Thanks,
Dunno why, that makes absolutely no sense from a brokerage perspective. If that's IB's policy, I'd trade elsewhere!
Try Velocity Futures. Intraday margins apply from 3:30pm to 3:15pm next day. Over night margins apply for positions that are not closed out in the previous session by 3:15pm. Margins apply to net contracts... If you trade out of sub accounts and at 3:15pm you are Acct 1: Long 12 Acct 2: Short 7 You are responsible for overnight margins for the net difference of 5 contracts. You can place a short order for 5 contracts in acct 2 just before closeso you are net zero to eliminate overnight margins. Need cash in your account to cover the spread. At 3:30 you can close out the short 5 order and resume your previous position. Costs you $25 in trading costs versus $25,000 of margin. Pre- RTH has up and down limits set by CME... ie.5% or 60 points for ES.
WTF are you talking about? The only restriction that ANY broker imposes on trading outside of RTH, is higher overnight performance bond requirements. What do trolls eat?
I think the issue had to do with a problem placing orders during the brief Globex daily blackout periods. I don't know anything about that. Of course you absolutely CAN trade e-mini's in A.H. with IB ... I do it all the time.
Thanks guys for your responses. I was talking about post in Retail firms forum by Erlewine " Problem with IB " It didn't make sense to me so I thought , I'll just ask.
Yep, IB works great early morning. That's mostly what I trade... early morning 6E when Europe is up and going.. Some of the best consistent moves are 3:30-7am PST.