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Ironbeam - Mike Murphy (Director of Trading) - Ask Me Anything (AMA)


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Ironbeam - Mike Murphy (Director of Trading) - Ask Me Anything (AMA)

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 Big Mike 
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Mike Murphy, Director of Trading, will be monitoring this thread so that he may answer any questions that you post here relating to Ironbeam's products and services.

Please keep in mind that some customer service/technical support issues are best handled through proper channels at Ironbeam, and not here in this thread.

About Ironbeam Futures

Ironbeam is an FCM and futures broker providing cutting edge technology, support, and clearing services to brokers and traders worldwide. Dedicated to giving exceptional service and dispensing customer with the foremost trade support, our expert personnel and broad market coverage enables traders to trade, while we handle the rest.

About Mike Murphy

Mike Murphy is the "guru" of all things futures at Ironbeam. Mike has worked in many facets of the industry including open outcry, physical delivery, and electronic trading/brokerage.

Mike is a member of the National Futures Association, holding his Series 3 (Futures) license.

Feel free to ask any questions below and we'll do our best to get them answered.

The futures io "AMA" (Ask Me Anything) series is by invitation only.

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Greetings to @Ironbeam Mike, and welcome to the community! We thank you for supporting our community, and look forward to your upcoming webinar where you will go over your products and services offered by Ironbeam.

We will post the details/date of that event in this thread shortly.

In the meantime, if anyone has questions about Ironbeam, please post them here.

Mike

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Big Mike View Post
Greetings to @Ironbeam Mike, and welcome to the community! We thank you for supporting our community, and look forward to your upcoming webinar where you will go over your products and services offered by Ironbeam.

We will post the details/date of that event in this thread shortly.

In the meantime, if anyone has questions about Ironbeam, please post them here.

Mike

Thanks Mike! We're happy to be here & part of the Futures.IO family.

Feel free to reach out with any questions. (312) 765 7228. There is a substantial risk of loss in trading futures and options. Past performance is not necessarily indicative of future results. Full Details.
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 tturner86 
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Hey @Ironbeam, What is the difference between legacy Firetip and the new Firetip X?

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 Big Mike 
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tturner86 View Post
Hey @Ironbeam, What is the difference between legacy Firetip and the new Firetip X?

In addition to this, I would like to know @Ironbeam if Firetip works on Mac OS? A lot of people ask, and not many platforms do.

Mike

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tturner86 View Post
Hey @Ironbeam, What is the difference between legacy Firetip and the new Firetip X?

Hey @tturner86 - good question.

Anyone that's used legacy Firetip will notice that there many of the widgets in Firetip X have the same names. The core tools from legacy Firetip are there, but Firetip X approaches these tools from a new angle.

Firetip X is completely formula based. Traders can use the 300+ built-in indicators and formulas, or create and edit their own. These formulas can not only be used as indicators, but can also be applied as custom order types, trade signals, or plotted to your quote board as their own cell/column/row. This includes the ability to code directly to the API from the front end trading platform. Legacy Firetip doesn't have the formulas or API capabilities that X has.

Another difference is that Firetip X uses the same code across all platforms/operating systems. You can create a workspace on the web platform, and open it on your iPhone, Android, tablet, or the desktop app and vice versa. You can even code indicators or formulas on the Android or iOS app if you really wanted to.

Firetip X will also feature the new spread builder in an upcoming release - where a user can create a new option or futures spread and submit it to the exchange to create the instrument if valid & send out an RFQ to trade it (if the spread doesn't already exist).

There are many more differences which I'm sure we will cover in future webinars on here, but these are a few of the big ones that come to mind

Feel free to reach out with any questions. (312) 765 7228. There is a substantial risk of loss in trading futures and options. Past performance is not necessarily indicative of future results. Full Details.
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Big Mike View Post
In addition to this, I would like to know @Ironbeam if Firetip works on Mac OS? A lot of people ask, and not many platforms do.

Mike

Mike -

Yes, both legacy Firetip and Firetip X are Mac OS compatible.

Feel free to reach out with any questions. (312) 765 7228. There is a substantial risk of loss in trading futures and options. Past performance is not necessarily indicative of future results. Full Details.
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 Maxie 
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Hello, I have the question: is it possible to trade futures and futures options? And with which platform or which data provider is it possible?

English is not my native language, I hope that my text is understandable!
 
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Maxie View Post
Hello, I have the question: is it possible to trade futures and futures options? And with which platform or which data provider is it possible?

Maxie,

Yes, we do support futures and options trading. Most platforms will support the two. We offer all platforms that are compatible with Rithmic or CQG connections, and we also have our own platform with dedicated lines and servers that are colocated at CME.

If you are looking for good options trading software, I would recommend our platform, Firetip X. It offers realtime SPAN margining, greeks, spread creation etc.

Feel free to reach out with any questions. (312) 765 7228. There is a substantial risk of loss in trading futures and options. Past performance is not necessarily indicative of future results. Full Details.
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