Recent content by andy2001

It's UK based in terms of regulation but I think the forex ecn server is in the U.S.

Technically anyone who places a limit order in the market which cannot immediately be traded is adding liquidity to the market. Anyone who places a market order or a limit order which is immediately tradable is a liquidity consumer. Here’s a link about the how the liquidity crisis on the...

1 tick on the ES is about 2.5 ticks on the YM. The ES has a tick value of 2.5x the YM. So a 4 tick stop on the ES is like a 10 tick stop on the YM with the same risk and about the same chance of being hit. So I don't see what the big gain from using the YM.

http://www.interactivebrokers.co.uk/en/main.php

$10 per rt is way to high.

Well this sucks for software trying to find big trades.

I read that sometime back globex changed the way they send data which they claim gives more information. I’ve also heard the change make it harder to track large trades. Looking at the time and sales after hours I often see a bunch of order at x price hit at the exact same time. Would I be...

Overnight margin is $5000 with any broker, but day margin depends on the broker. Many offer $500 or $1000. But some like IB need $2500.

Is there some confusion between margin and the amount of money you will lose before hitting the stop loss? If not then with IB day margin you need 50k pre a contract for the 5% rule.

I can't tell you how it will work out for you but here is the cost per round turn for IB and Futuresbetting for the ES. IB under 300 contracts per month $4.70prt IB over 300 contracts per month $4.30prt Futuresbetting under 200 contracts per month $20.00prt Futuresbetting over 200 contracts...

Futuresbetting.com is not a normal spread betting firm. It sends all orders to the underlying futures market and you are filled when they are filled at that price. The feed the give you is the futures market feed not there made up price. They make money by charging commission but they call it a...