Recent content by Simtrader

I heard esignal have finally cleaned up their Eurex act after years of promising to do so. IB are fast albeit snapshot. The J-Trader feed from patsytems is the only one I've seen that is actually faster than IB and has the benefit of being tick-by-tick. Pairing it up with software is an issue...

The world's biggest futures exchange and 100% electronic.

I don't think so ..more like 0.5 or 0.7 second snapshot. It's the same on Eurex and on US markets. Being a member firm, IB's quotes are fast from Eurex, albeit not true tick-by-tick. I find the feed perfectly acceptable given it's speed. I'd rather go with a very fast snapshot feed than a...

Exactly, and when that starts to happen, what's to stop SP Comstock from deciding to "review" it's exclusive contract with the CME for the SP, ES et al? Or even if they decide to stick with the CME: once the regulators see the huge volume and lower prices created by Eurex in other markets...

All I can say is: ain't competition great?! It's we the customers who will benefit. Eurex do have a history of paoching major contracts right from under the nose of another exchange. Anyone remember when the German Bund (doing c. 1 million volume/day) was listed on LIFFE? I don't expect...

To me this is just a play on words to say it's not an IB problem. It certainly is an IB problem if you don't have multiple links into the exchange! To (effectively) say: "well, there are other brokers who also only use one link and were also affected" just isn't good enough. Why must IB be...

Same thing here ...booted off and auto log-back-in not working after 15 attempts. Had to reboot PC twice to get back running. My other account at J-Trader rock solid the entire time with quotes streaming in just fine. Not acceptable IB :mad:

Stop-limit orders when used as protective stop-losses will rarely ever go unfilled, so long as the difference between the stop and limit price is very large. Set the difference to say 20 points in the ES and you will always get filled. EG. Sell 1 ES at 1027.50 stop 1007.50 limit. When done...

Correct. You can place any kind of Globex order without regard to the issue of it being native or non-native ...and change/cancel that order a 1000 times a day. No fees involved. Although now that they are 'for profit' it wouldn't totally surprise me to see the CME go the way of Eurex at...

There are no charges for cancelling Globex orders. Do it as often as you like. Eurex charges fees in this regard (with the first X times permitted free of charge). The brokerage houses don't charge these fees for themselves ...they are just pasing them along from Eurex. You can find the...

Which would you prefer? :-) To continue the discussion about native vs non-native orders: I agree with Scientist that there are times when a person may want to use non-native orders or 'simulated' orders. For example, NinjaTrader has a bunch of features that are great tools for order...

There is risk in all types of trading. But there is an ADDED risk when you use non-native orders. The airball you describe affects non-native orders much worse than the native ones, because the non-native order is at the very back of the queue. That order isn't even sent until after the airball...

Boy oh boy - with all due respect here ....:) Stop-limits are absolutely positively ESSENTIAL when trading the ES/NQ no matter what your time frame is. Plain Stop orders are held on IBs servers not on Globex. As such, there is inherent risk in them, not to mention the fact they will be...

I looked at it last week. It has no ability to enter a stop-limit order (essential for ES/NQ traders as only stop-limits are held native on Globex). Right there and then, FORGET ABOUT IT!!!!!!!!! It's nice some guy would put out such a product for free, but it's amateurish compared to...

Jerry, I concur with what you say. There may just be a difference in phrasology between us. My basic point is that 100% of the ticks coming out of the exchange are NOT making their way into ButtonTrader, NinjaTrader, Quotetracker or any other front-end program which relies on IB's datafeed...