IB - Booktrader 906 no more single click!

I'd have to think too many traders were making mistakes. No such confirmation is needed trading from TWS order screens, so why Booktrader?
 
Quote from atrocious:

IB, please, please reconsider, this is asinine. If this is for liability reasons, make customers sign a waiver.

I do thousands in commissions every month, 95% of which is single click scalping on Booktrader, and will be forced to take my business elsewhere if this is imposed.

---

TWS 906 "features":

BookTrader Order Confirmation

BookTrader users will now be required to confirm their intentions before transmitting an order. Clicking in the Ask or Bid size columns will no longer result instantaneous transmission but instead will invoke the new Order Confirmation box with your order summary. Click Transmit to send the order, Cancel to cancel the order, or Open Order Ticket to make changes.


TT musta threatened them. Get used to it or move to TT I would guess.
 
Is there some sort of macro workaround that might deal with the popup confirmation? Even moving an order.... sucks greatly. I love the clicking anywhere above to get the order done...

I ran TT here next to Booktrader and aside from the chunked data, they were very close in speed.

And of course, as many markets open as needed...
 
bracket trader (among others) gives you this ability and is free to use up to 3 contracts for ES and $100 for lifetime registration. It works and is much better than booktrader anyway. This should not be a big deal to work around.
 
IB recently got sued by TT over the DOM, along with Cunningham. It's not like they just sat around and said, "Hey let's make the DOM suck with confirmations".

The two key components of TT's patent are the static price ladder and single click entry, hence, the auto recentering feature and the new confirmations...

Until the settle with TT, better stick with a previous TWS if you want to use BookTrader.
 
Quote from jfilla:

IB recently got sued by TT over the DOM, along with Cunningham. It's not like they just sat around and said, "Hey let's make the DOM suck with confirmations".

The two key components of TT's patent are the static price ladder and single click entry, hence, the auto recentering feature and the new confirmations...

Until the settle with TT, better stick with a previous TWS if you want to use BookTrader.

In that case why don't they flip the bid/ask sides so the ask is on the left and the bid is on the right to avoid a similarity. Or create a diagonal "ladder".
Either way, a double click requirement will not make IB's most active customer's happy and may result in less trading or customers taking accounts elsewhere - because to confirm each trade and each movement of an order just slows down a scalper too much.
Another thing IB can do is require a double click to place an order - I think that would be faster than waiting for the confirmation screen to pop up and hit ok.
 
Quote from aeliodon:

In that case why don't they flip the bid/ask sides so the ask is on the left and the bid is on the right to avoid a similarity. Or create a diagonal "ladder".

I think you're confusing patent with copyright.
 
Back
Top