Does IBKR do proprietary trading with own money?

[DiceAreCast]

Again a poor data feed does not equal bad execution, the two are completely separate. A delayed feed causes a delay in order submission. IF the delay is perceivable. 100ms or 200ms make zero difference for a screen trader. Unless you are a 15 year old game addict who sits with red eyes in front of the screen and tries to push the button as fast as possible. And who will burn out and have a mental breakdown a few days or weeks later.

That is not you hence this delay has zero impact on your decision making timing. You are digging yourself into a mental infinite loop here. Please don't appear even less informed than you are.

we are clearly on two different planets or you didn't read my response .

for the simple minds:

delayed feed = poor execution

throttled data = poor execution

missing data = poor execution

data has everything to do with getting - you guessed it - poor execution

why because data feeds are how you make trading decisions - at least on my planet.

 

[ShadowHunter]

you read stories some of us lived it.. that guy should be snuffed..

I dodged a bullet. I had an account with MF Global. I transferred out before the 5hitstorm, pure luck but remember kids never put more than 10% of your net worth with any one broker. ever.

 

[MarkBrown]

That is not you hence this delay has zero impact on your decision making timing. You are digging yourself into a mental infinite loop here. Please don't appear even less informed than you are.

you kinda sound like a broker who knows the score and wanna keep people unenlightened about how the house is rigged against them? i get it we all need losers, i think your phone is ringing a customer needs help.

 

[DiceAreCast]

How about you respond to the points I made, The actual points: does 100ms delay in incoming data impact your very own particular approach to trading? If yes how so precisely? By talking bullshit instead you risk others not caring about your posts anymore. In the end the only replies you get is from those who have too much time on their hand. If you just want to hear yourself talking and you can't meaningfully respond to another point, made, then it's worthless to interact with you in the future.

you kinda sound like a broker who knows the score and wanna keep people unenlightened about how the house is rigged against them? i get it we all need losers, i think your phone is ringing a customer needs help.

 

[MarkBrown]

How about you respond to the points I made, The actual points: does 100ms delay in incoming data impact your very own 0articular approach to trading?

i paid 50k to have less than 2 ms att fiber installed 4.6 miles to my office and prior to that i flew to chicago and officed on the 8th floor of the cme building and run a fiber cable down to the members server in the basement.

so just imagine if you can the following

i am a meteorite flying thru infinite space and you are a lump of cow shit laying in a field somewhere.

if your incapable of searching i did it for you
Why Speed Is The Essence in Financial Trading

 

[ShadowHunter]

Again a poor data feed does not equal bad execution, the two are completely separate.

mate you are wrong Mark's right. its pointless arguing as this is such a basic point.

 

[ShadowHunter]

Recently, I read about the story of MF Global and it sends shivers up my spine. Jon Corzine caused MF Global to go bankrupt through proprietary trading and even took client money down with it. If it can happen to a big broker like MF Global, why can't it happen to other brokers? Even one as big as IBKR?

I am a satisfied customer of IBKR. I would like to stay on with IBKR. If there are IBKR staff here, may I ask you if IBKR do proprietary trading like MF Global? I'm scared that a black swan event hits and I may suffer the same fate as MF Global clients. I don't think I'm the only IBKR client who is worried about this.

what you need to understand is that there are levels to this. Taking huge unauthorised delta positions (MF global style) is completely different to skimming which is different to selling order flow. FWIW I have no idea what IB are doing, all I know is never put more than 10% of your net worth with any broker and make sure you do you due diligence. If your strategy relies on latency or sensitive order flow then you need to make sure you are not swimming with sharks.

 

[helpme_please]

I dodged a bullet. I had an account with MF Global. I transferred out before the 5hitstorm, pure luck but remember kids never put more than 10% of your net worth with any one broker. ever.

I believe there are many elitetraders here who put far more than 10% of net worth with IBKR because they really aren't many alternative brokers out there who can match IBKR's offerings. Hence, financial safety is so important and concerning to IBKR clients.

 

[DiceAreCast]

Lol, and your rational other than just saying someone is wrong? What difference does 100ms make to your trading? Please enlighten us

mate you are wrong Mark's right. its pointless arguing as this is such a basic point.

 

[DiceAreCast]

Lol, to screen trade? Then you are a complete idiot. OMG.

No way you have anything to do with algorithms, many of your posts are testimony that you don't have the slightest inkling of how trading algorithms work.

i paid 50k to have less than 2 ms att fiber installed 4.6 miles to my office and prior to that i flew to chicago and officed on the 8th floor of the cme building and run a fiber cable down to the members server in the basement.

so just imagine if you can the following

i am a meteorite flying thru infinite space and you are a lump of cow shit laying in a field somewhere.

if your incapable of searching i did it for you
Why Speed Is The Essence in Financial Trading