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    Platform Question

    Your question is too board. There are quite a few platforms which support API. Really what specifically are you looking for? What features or functions you want in a futures platform?
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    Execution: Retail vs Prop

    Every discount broker claims they beat industrial average so I really don't know what industrial average is really about. For example: http://www.zecco.com/trading/tradeexecution.aspx
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    Does IB negotiate futures commissions?

    IB is uncompetitive as a discount broker when it comes to futures: 1. Full intraday margin for most contracts - this means reduced profitability. Full intraday margin isn't justifiable for traders who practice low-risk / tight-stop trading, for example scalpers. 2. The commission is...
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    Bug in TWS: MarketValue calculated wrong

    Well you never really know if IB suits you until you open an account. Many things can't be tested or experienced in a demo system, not to say it's buggy. Just open an account so you can evaluate it fully. Close it if you dislike it. Keep it if you think it may be okay as a backup broker. I...
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    Does IB negotiate futures commissions?

    I don't think so. As a global brokerage firm, IB is a very rigid company and is refused to offer personalized (or more fine-tuned) services. This is one of the areas IB is clearly weak at. Local firms, at least in my country, are much more flexible than IB's. A phone call can get your...
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    Bug in TWS: MarketValue calculated wrong

    Demo TWS was buggy the first time I tired some years ago. I don't know if it still holds nowadays. You'd better test with the papertrading account but it's only available if you have opened an account with them. It doesn't hurt to open an account to try. Close it if you don't like it or...
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    Finding a compatitive future broker

    Oh I see. Could you tell me why the same product from the same exchange can have two different margins? The product in question is NIKKEI futures contracts from SGX. IB offers two symbols for the same product, one with MOS enabled (NIY), one with MOS disabled (SGXNK). MOS = Mutual Offset...
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    Finding a compatitive future broker

    IB is notoriously one of them. It requires full intraday margin (100%) for most futures contracts. Some products are used to be 50% have been tightened to 100% all of a sudden. KOSPI is one of the most liquid product. There are usually over one hundred orders on each side. You can easily...
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    Finding a compatitive future broker

    Perhaps because futuresbroker.com refuse to sponsor EliteTrader to be listed in the brokers rating list.
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    IB is down - glad I don't use IB to trade

    Good to hear that your connection is up even IB is still in acute state. WIDE SCALE SERVICE DISRUPTION On 28 December at approximately 10:24 EST, IB experienced a system failure leading to a significant service disruption affecting all US exchanges and all clients connecting to our US data...
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    IB Down

    Every broker has downtime but the problem is how much downtime they have. It is not the first time IB is down like today. There are people reported IB has been down lately. So it's not just ad-hoc incident.
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    IB is down - glad I don't use IB to trade

    Well, unless you think I need spend 24 hours x 7 x several months to make 60 posts, I don't see why you think I don't have time to trade. You made even posts 1699 over the years. So do you have time to trade anything? ;) So you love to have so many products with you, don't you? IMO...
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    IB is down - glad I don't use IB to trade

    Does nothing? An excuse really. You want everyone to shut up so IB looks perfect to other potential customers. Well we are not paid by IB so we have no obligation of hiding its problems. Connection problems have been reported many times recently. Finally a global and so looooong downtime...
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    IB is down - glad I don't use IB to trade

    Thanks. Anyway the system is still unreliable now. The status is still red. 1 hour is coming, and the issue still hasn't been resolved. I chose to leave IB some time ago due to some small issues. The issues themselves is minor, but what's important is how IB handles its business in...
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    IB is down - glad I don't use IB to trade

    Nothing much to say because you can even assume your connection has been restored = all customers' connections has been restored. Good logic! "Do I trade?" Yes. But why do you want to ask that? Well let me answer myself. If I say no, so you can attack and blame, so as to hide the fact that IB...
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    IB is down - glad I don't use IB to trade

    Past has nothing to do with current or future. It used to be reliable. It doesn't mean it will keep being reliable. I see IB has more connection problems lately in the last 6 months. They are pre-alarms about its future stability. And finally IB surprises us with 40+ minutes breakdown today...
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    IB is down - glad I don't use IB to trade

    IB is still down after 40 minutes... PS: 40 minutes down... Breaking world records!!
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    IB is down - glad I don't use IB to trade

    IB is still down after 25 minutes. No wonder why they need to charge unusual intraday margin in some markets even if it is unnecessary. IB is the only broker in the world which will dare charge 100% intraday margin. Well the answer is clear now. They know they may have financial or technical...
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    ib - down? 12-28 10:25 am

    It is a sign of failure. Beware about your capitals in IB. High time to find another broker to replace IB.
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    IB is down - glad I don't use IB to trade

    Go to IB's Current System Status. Even the system page is down. LOL Glad that I made the right decision to not trade in IB. Now IB is only my backup broker. IB quality has been deteriorating lately. You will get pre-alarm if you notice small things and issues about IB.
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