Allocation over multiple sub accounts using Interactive Brokers platform

January 26th, 2015, 06:23 PM

Is anyone allocating orders over multiple sub accounts using NT 7 through IB Interactive Brokers platform ?
I have an advisor account with 10 sub accounts at IB, they say it is possible to allocate, and NT says they don't support allocation.
I find it hard to believe a robust platform like NT does not support allocation over multiple sub accounts.

Please Help.

DarrenE

January 26th, 2015, 10:21 PM

You can check with @dekelly but I'm pretty sure NT does not support it.

Sent from my phone

January 26th, 2015, 11:40 PM

https://ibkb.interactivebrokers.com/node/1978

Q: Is Ninja Trader compatible with IB�s Financial Advisor and Friends & Family account type?
A: Yes, although not with the full order allocation functionality provided directly through the TWS. While Ninja Trader can be used to submit orders for a client sub-account through the Advisor master account, it does not allow for a single order to be allocated to more than one sub-account. This is in contrast to the TWS user interface which provides for multi-client trade allocations from a single order (through the Account Group or Allocation Profile options).

So if you mean you want to allocate ONE order over multiple accounts using Ninja Trader, it is not supported. But you can do it directly through TWS.

Allocation over multiple sub accounts using Interactive Brokers platform

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Allocation over multiple sub accounts using Interactive Brokers platform