Australian (ASX) Stock Market Forum

Options for shorting AUD vs. USD?

Fox,
I recieved this e-mail from IB, looks like they aren't options.

Thank you for your interest in Interactive Brokers. We offer trading in FX future options, which trade primarily on the GLOBEX. We offer FX future options on the following currencies:

AUD, BRE, GBP, CAD, RMB, CZK, EUR, HUF, ILS, JPY, KRW, MXP, NZD, PLN, RUR, CHF

At Interactive Brokers we specialize in keeping our fees, commission, and interest rates lower than our competitors to save you money in the long run. Our margin rates are 82% lower than our competition according to a side-by-side comparison amongst our six top competitors. In addition to low margin interest we were awarded a 4.3 star low cost broker rating by Barron's, and we have been awarded four or more stars for 8 straight years. We also have a net dollar price improvement vs. the national best bid/offer (NBBO), meaning better executions than our competition. You can see the information from the above-mentioned comparison on our website at the following link:
http://individuals.interactivebrokers.com/en/?f=/en/general/education/comparebrokers.php

I recommend reviewing the following links as you research which broker will best fit your investing needs:

Account Safety:

http://individuals.interactivebrokers.com/en/index.php?f=2334

Trader Workstation Demo:.

http://individuals.interactivebrokers.com/en/index.php?f=1286

Application:

http://individuals.interactivebrokers.com/en/index.php?f=1591

Please feel free to contact us with any other questions you may have. If you have more questions that you would like answered over the phone, please let me know the best time and number to reach you and I would be happy to give you a call.


Thanks for the info cbc1,

That helps alot. I don't think they are the same but it might be worth looking into as they could be used for the same purpose. I hope to get around opening up the optionsexpress account this arvo. Just been lazy and enjoying a bit of time off before the start of another year.

I'm not in a rush either as the Yanks are helping prop up the dollar for a little longer yet from the looks of it.

Cheers
 
Top