NexusFi: Find Your Edge


Home Menu

 





Futures options on the ICE-exchange (TWS)


Discussion in Options

Updated
    1. trending_up 2,722 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread

Futures options on the ICE-exchange (TWS)

  #1 (permalink)
 Gonzo78 
Dortmund + Germany
 
Experience: Beginner
Platform: TradeStation
Trading: Crude CL
Posts: 8 since Sep 2017
Thanks Given: 1
Thanks Received: 1

Hello,

I have a question regarding futures options (softs- ICE-exchange) in the IB TWS (paper trading mode):

A month ago I had long put options in Cocoa, they were well in the money at expiration, but in the TWS (paper-trading) they expired worthless with no automatic exercise into the futures contract (manual exercise does not work as well). A loss was recorded.

Same thing few weeks later with long ITM calls on Sugar No.11 and Cotton: no exercise of long ITM options at expiration, long ITM-options expired worthless.

Other exchanges (as CME) work well, the problem remains with the ICE-exchange.

Am I missing the point or does it look like a bug in the software?

I contacted the support, no response after a month.

Best regards
Gonzo

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
Trade idea based off three indicators.
Traders Hideout
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
ZombieSqueeze
Platforms and Indicators
Better Renko Gaps
The Elite Circle
 
  #2 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651


Gonzo78 View Post
Hello,

I have a question regarding futures options (softs- ICE-exchange) in the IB TWS (paper trading mode):

A month ago I had long put options in Cocoa, they were well in the money at expiration, but in the TWS (paper-trading) they expired worthless with no automatic exercise into the futures contract (manual exercise does not work as well). A loss was recorded.

Same thing few weeks later with long ITM calls on Sugar No.11 and Cotton: no exercise of long ITM options at expiration, long ITM-options expired worthless.

Other exchanges (as CME) work well, the problem remains with the ICE-exchange.

Am I missing the point or does it look like a bug in the software?

I contacted the support, no response after a month.

Best regards
Gonzo

I do not use the paper trading mode, but it was reported several times in various forums that the paper trading mode does not work properly in various regards.

Options for Softs should be exercised as shown here: https://www.ice.com/products/14/Coffee-C-Options

Best regards, Myrrdin

Reply With Quote
  #3 (permalink)
 Gonzo78 
Dortmund + Germany
 
Experience: Beginner
Platform: TradeStation
Trading: Crude CL
Posts: 8 since Sep 2017
Thanks Given: 1
Thanks Received: 1


@myrrdin:

Ok, thank you for the information:

Started this thread Reply With Quote




Last Updated on December 22, 2021


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts