IB Book Trader

Toonces · Mar 29, 2004

Did everyone get the email communique on the new book trader? Any thoughts? I remember a few years ago the idea floated around on this site that IB would offer this at some point, and a lot of the posters were against it.

chinook · Mar 29, 2004

Quote from Toonces:

Did everyone get the email communique on the new book trader? Any thoughts? I remember a few years ago the idea floated around on this site that IB would offer this at some point, and a lot of the posters were against it.

It works fine but there are problems when trying to customize order types and some other details.

http://www.interactivebrokers.com/discus/messages/3/21106.html?1080522528

Chinook

Toonces · Mar 30, 2004

Are traders already using this? This is the first I've heard about it.

version77 · Mar 30, 2004

Uh oh....ButtonTrader, NinjaTrader, ect., have competition and the
competition doesn't seem to charge anything...

shadowpug · Mar 30, 2004

About time IB put something together!

Personally, I think that NinjaTrader and ButtonTrader users are using these products for the value add above the basic point and click interface. I think that this new IB UI is great and will serve a great many IB account holders who want something better than the standard market data line entry but dont need and would nor pay for the products mentioned above.

traderob · Mar 30, 2004

Quote from shadowpug:

About time IB put something together!

Personally, I think that NinjaTrader and ButtonTrader users are using these products for the value add above the basic point and click interface. I think that this new IB UI is great and will serve a great many IB account holders who want something better than the standard market data line entry but dont need and would nor pay for the products mentioned above.

I agree , this new book from IB looks simple and useful but there will still be many traders who want the extras that Button trader and Ninja have.

vikana · Mar 30, 2004

Quote from Toonces:

Are traders already using this? This is the first I've heard about it.

I've used it for a few days. Works very well for how I trade the minis.

chinook · Mar 30, 2004

Quote from vikana:

I've used it for a few days. Works very well for how I trade the minis.

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Vikana,

Are you using the bracket order type? If you do , did you figure out a way to send protective stop-limit orders to Globex as a part of the bracket order? The default is set to stp order and I couldn't find a way to change it.

Thanks,

Chinook

vikana · Mar 30, 2004

Quote from chinook:

\

Vikana,

Are you using the bracket order type? If you do , did you figure out a way to send protective stop-limit orders to Globex as a part of the bracket order? The default is set to stp order and I couldn't find a way to change it.

Thanks,

Chinook

No I haven't. I've entered/exited on limits and stops only (manually).

OldTrader · Mar 30, 2004

I used the Book Trader today for the first time. I liked it. Faster trades. I'm sure improvements will be coming. Kudos again to IB.

OldTrader