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Hosted strategies for Interactive Brokers

  #6 (permalink)

Elite Member
Fort Worth, TX
Trading Experience: Intermediate
Platform: NinjaTrader, Traders Workstation
Favorite Futures: Forex
Posts: 4 since Jun 2013
Thanks: 0 given, 1 received

sam028 View Post
Just few comments:
1. the cost of dedicated line is quite high, compare with what you can have with a dedicated server or a VM correctly located, which will have a 1 or 2 ms latency to IB servers. At least for futures instruments, IB is quite slow compared its competitors, it should be better to use a broker with a good data feed and good execution engine.
2. why reinvent the wheel ? You may find some open-source (R ?) to do that, but starting from zero will require a huge amount of work.
3. see 1., if you're looking for speed, forget about IB !

Sorry for being so pessimistic, but this is something not so far from what I tried few years ago, IB with Java/Perl/R addons. Interesting on an intellectual point of view, but finally a lot of time spent for a poor result.

Hi Sam028,

Thanks for the feedback. I agree some stuff out there is usable, and that probably wouldn't be built from scratch. The idea is to remove as much middle-ware as possible to improve stability and execution time. I'm currently using IB for Forex, which seems pretty good. Do you have some recommended brokers I should look into for better execution? I'm always looking for the best execution time and price!


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