Price discrepancy

Discussions about brokerage firms for futures, stocks and other tradeable instruments.
Post Reply
jgh2020
Full Member
Full Member
Posts: 20
Joined: Wed Jan 02, 2008 6:31 pm

Price discrepancy

Post by jgh2020 »

I just opened an account with Interactive Brokers. The 2/11/11 closing price for May 2011 Corn on the CBOT was 717 2/8. IB has it quoted at 7.0875 close. Am I missing something?
Turtle40
Roundtable Knight
Roundtable Knight
Posts: 201
Joined: Wed Oct 19, 2005 1:53 pm
Location: Guernsey, Channel Islands

Post by Turtle40 »

Are you absolutely sure you are comparing the same month? Mar and May are about 9c apart. Could this explain the difference?
jgh2020
Full Member
Full Member
Posts: 20
Joined: Wed Jan 02, 2008 6:31 pm

Post by jgh2020 »

Yes, I am sure about the May vs March contract. In fact, CSI data's closing price for May 2011 corn agrees with the CBOT quote. Hence, my concern about Interactive Brokers price discrepancy.
Post Reply