I got my answer for the second question from these forums, it seems that you run your application on your own pc
to the first question I am not certain, but from what these guys are doing it seems you can even run commercial applications, the only important thing for IB is that the orders are...
I have two questions about the IB Trading Olympiad.
1. According to IB "Each Student's plan must be his or her own work and not infringe upon or plagiarize the works or intellectual property rights of any third party. Interactive Brokers will be given the right to use the Student's...