That's no the contract in which IBKR has lost money. These are: QM NYMEX, and WT... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

mostlymeme on May 8, 2020 | parent | context | favorite | on: Oil crash busted broker’s computers and inflicted ...

That's no the contract in which IBKR has lost money.

These are: QM NYMEX, and WTI ICE. Both cash-settled.

0x8BADF00D on May 8, 2020 [–]

CL is not cash settled, it is physical delivery. It is traded on NYMEX.

analyticstime on May 8, 2020 | [–]

IBKR doesn't allow to trade CL in the day of settlement, only cash-settled contracts:

QM - https://www.cmegroup.com/trading/energy/crude-oil/emini-crud...

WTI - https://www.theice.com/products/213/WTI-Crude-Futures

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact