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Is it possible to trade in an IB account without RT Data?


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Is it possible to trade in an IB account without RT Data?

  #1 (permalink)
 egpaulson 
New York, New York
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Experience: Advanced
Platform: NinjaTrader
Broker: IB/IQFeed
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Greetings,

I have an IB account and pay them for data from several exchanges. I've begun using NinjaTrader with IQFeed data to enter orders in sim mode only and eventually, I will be connecting NT to the IB account.

Since I'm paying for IQFeed data, do I even need to subscribe to a datafeed from Interactive Brokers? Can I place trades in the IB account from NT without having access to RT data from IB?

Does anyone here have experience with this setup?

Thanks,
Eric

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  #3 (permalink)
 
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 sam028 
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@paksep: correct, you don't need to subscribe to IB data feed(s) if you send orders to IB from Ninja is connected to IQFeed/Kinetick.

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  #4 (permalink)
 egpaulson 
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Thanks for the info.

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 rleplae 
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The only disadvantage is that, when you go in their manual interface, you'll have to click a few times that there is no RT...

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