Recent content by NanoTick

I'm in the same situation. I'll let you know if something happens to me first.

Did you ever resolve the issue? Did anything happen after the third warning?

May I ask roughly how many orders you place/edit per day? They don't seem to care about 200 orders a day regardless what the OER is. The warnings came about when I started place/edit about 2000 orders a day.

That's exactly what I heard now. They apply this rule on a daily basis, but may only analyze the data periodically at longer intervals. Will this problem go away if you don't use their smart routing?

Got a warning from IB about high order efficiency ratio (OER, ratio of order submitted vs orders executed). It says my OER is too high and I need to adjust my API algo. My OER has been around 150:1 (all orders are limit orders). Apparently after another incident my trading will be severely...

If the market is truly efficient, a perfect hedging against any risks should consume the exact profits from taking those risks. We know some markets are not all that efficient, but still it's pretty rare that money get left on the table.

That sounds great. But will you complain about my 200:1 order to execution ratio?

Yes it's all automated.

if I drop the orders to less than 390 a day I'd miss out on opportunities amount to far more than $2000 per month. I'm thinking divert to other brokers.

My AIP does not use MD from IB. It gets MD from a third party.

I don't use market data from IB other than quotes for positions and orders shown on the TWS platform. That's not "non-displayed use" you mentioned right?

2000 orders per day, including placing new, modifying, and canceling orders.

All my orders are options and thanks for pointing out the priority status change. Yes I have been notified about losing the priority customer status too. My understanding is that this is a exchange-specific effect. Have you seen a big impact on fills? and are some exchanges better to use without...