Hosted strategies for Interactive Brokers - futures io
futures io



Hosted strategies for Interactive Brokers


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one mfk1 with 3 posts (1 thanks)
    2. looks_two sam028 with 1 posts (0 thanks)
    3. looks_3 nakachalet with 1 posts (0 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 1,711 views
    2. thumb_up 1 thanks given
    3. group 3 followers
    1. forum 5 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Hosted strategies for Interactive Brokers

(login for full post details)
  #1 (permalink)
 mfk1 
Fort Worth, TX
 
Experience: Intermediate
Platform: NinjaTrader, Traders Workstation
Trading: Forex
 
Posts: 4 since Jun 2013
Thanks: 0 given, 1 received

Hello,

I'm trying to gauge the interest of people in executing strategies in an industrial environment for Interactive Brokers, or if they are aware of anyone who provides this service. The idea would be similar to Forex.com's hosted EAs, but for Interactive Brokers.

Here are some ideas:
1. Leased Line to Interactive Brokers (that's a direct line right into the IB data center in Greenwich)
2. Simple strategy definition language, maybe XML, etc, with available pre-defined indicators, or possibly generating custom indicators
3. Secure, backed-up server farm, with 24/7 trading ability (as long as IB is open), back up power and servers.
4. Direct execution on IB's data farm using a FIX engine/interace, no middleware like Ninja Trader.

If you are interested in utilizing something like this, or know of some company who is offering it, please let me know. If this isn't available anywhere, I'm thinking about doing a startup that provides these services. If you are interested in participating in that, also let me know.

Thanks,
Mo

Started this thread Reply With Quote
The following user says Thank You to mfk1 for this post:

Can you help answer these questions
from other members on futures io?
need help writing easylanguage radarscreen weekly perfor …
EasyLanguage Programming
Multichart NET set signal parameters different than the …
MultiCharts
Is there a way to rename an existing trade?
MultiCharts
EasyLanguage: fetch option price using Stock ticker
EasyLanguage Programming
Anybody uses Bookmap with Tradestation?
TradeStation
 
Best Threads (Most Thanked)
in the last 7 days on futures io
How much do you know about Bitcoin?
128 thanks
I finally blew up an account
42 thanks
Big Mike in Ecuador
28 thanks
The tiyfTradePlanFactory indicator
25 thanks
EdgeProX from Edge Clear
24 thanks
 
(login for full post details)
  #3 (permalink)
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
 
nakachalet's Avatar
 
Posts: 512 since Aug 2011


do you already have the primary and associated cost already worked out, pls?

yes, i would be interested.

how far along are you?

warm regards

nakachalet@gmail.com



mfk1 View Post
Hello,

I'm trying to gauge the interest of people in executing strategies in an industrial environment for Interactive Brokers, or if they are aware of anyone who provides this service. The idea would be similar to Forex.com's hosted EAs, but for Interactive Brokers.

Here are some ideas:
1. Leased Line to Interactive Brokers (that's a direct line right into the IB data center in Greenwich)
2. Simple strategy definition language, maybe XML, etc, with available pre-defined indicators, or possibly generating custom indicators
3. Secure, backed-up server farm, with 24/7 trading ability (as long as IB is open), back up power and servers.
4. Direct execution on IB's data farm using a FIX engine/interace, no middleware like Ninja Trader.

If you are interested in utilizing something like this, or know of some company who is offering it, please let me know. If this isn't available anywhere, I'm thinking about doing a startup that provides these services. If you are interested in participating in that, also let me know.

Thanks,
Mo


Reply With Quote
 
(login for full post details)
  #4 (permalink)
 mfk1 
Fort Worth, TX
 
Experience: Intermediate
Platform: NinjaTrader, Traders Workstation
Trading: Forex
 
Posts: 4 since Jun 2013
Thanks: 0 given, 1 received

I haven't worked out any details until I gather if people are interested. The cost will really depend on the level of interest. If there are 1000 people willing to sign up, then it would be much lower than if it is only 1 person. :-)

Started this thread Reply With Quote
 
(login for full post details)
  #5 (permalink)
 sam028 
Site Moderator
 
 
sam028's Avatar
 
Posts: 3,677 since Jun 2009
Thanks: 3,791 given, 4,514 received

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.


mfk1 View Post
Hello,

I'm trying to gauge the interest of people in executing strategies in an industrial environment for Interactive Brokers, or if they are aware of anyone who provides this service. The idea would be similar to Forex.com's hosted EAs, but for Interactive Brokers.

Here are some ideas:
1. Leased Line to Interactive Brokers (that's a direct line right into the IB data center in Greenwich)
2. Simple strategy definition language, maybe XML, etc, with available pre-defined indicators, or possibly generating custom indicators
3. Secure, backed-up server farm, with 24/7 trading ability (as long as IB is open), back up power and servers.
4. Direct execution on IB's data farm using a FIX engine/interace, no middleware like Ninja Trader.

If you are interested in utilizing something like this, or know of some company who is offering it, please let me know. If this isn't available anywhere, I'm thinking about doing a startup that provides these services. If you are interested in participating in that, also let me know.

Thanks,
Mo


Success requires no deodorant! (Sun Tzu)
Follow me on Twitter Reply With Quote
 
(login for full post details)
  #6 (permalink)
 mfk1 
Fort Worth, TX
 
Experience: Intermediate
Platform: NinjaTrader, Traders Workstation
Trading: 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!

Thanks,
Mo

Started this thread Reply With Quote


futures io Trading Community Trading Reviews and Vendors > Hosted strategies for Interactive Brokers


Last Updated on July 22, 2013


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing

NEW BlackBird Features + FOREX Support w/Jeremy Tang @ SharkIndicators

Elite only
 

Our 12-year anniversary w/ $$,$$$ prizes (check soon)

June
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts