IB - Booktrader 906 no more single click!

[TJRemington]

Quote from Kirkx:

The only advantage of having the thread so messed up is that the lawyers from TT won't figure out which pop-up killer is where and how they work. This way they won't have the ammunition to force IB to change title bars, mouse position, etc. to make our life more difficult.

i still have not completely understood what patent TT is holding?
Just the function that a click in bid/ask column generates an order?
There are probably a lot more platforms next to IB which offer the same function and who would conflict with TT's patent.
Or do they all pay royalties?

 

[mark1]

Quote from Kirkx:

The only advantage of having the thread so messed up is that the lawyers from TT won't figure out which pop-up killer is where and how they work. This way they won't have the ammunition to force IB to change title bars, mouse position, etc. to make our life more difficult.

Thanks for the chuckle

 

[Kirkx]

TJRemington:I still have not completely understood what patent TT is holding?

It's all explained on the first several pages of this thread. Some companies actually pay them royalties, Ninja Trader is an example.

 

[TJRemington]

Quote from Kirkx:

It's all explained on the first several pages of this thread. Some companies actually pay them royalties, Ninja Trader is an example.

i ve read it but don t quite understand the nature of the patent

the booktrader itself, auto-center,..?

 

[TJRemington]

in the window with black background it always says
"warning: not received heartbeat at xxxxx"

~ every minute

any idea what that means? possible bug?

 

[Kirkx]

Quote from TJRemington:

I've read it but don t quite understand the nature of the patent the booktrader itself, auto-center, ..?

What IB calls BookTrader is commonly called by others as DOM (Depth Of Market) order entry. From what I understand, TT actually holds the patent for the DOM itself, but the wording of the patent stipulates that the order must be transmitted by a single mouse click or keyboard shortcut. So if you add a confirmation pop-up, there is no infringement. In case you have missed this, the patent expires in 2016 (if I remember well).

 

[TJRemington]

Quote from Kirkx:

What IB calls BookTrader is commonly called by others as DOM (Depth Of Market) order entry. From what I understand, TT actually holds the patent for the DOM itself, but the wording of the patent stipulates that the order must be transmitted by a single mouse click or keyboard shortcut. So if you add a confirmation pop-up, there is no infringement. In case you have missed this, the patent expires in 2016 (if I remember well).

so every software vendor who offers a DOM (TS, IB, Ninja, and so many others) is paying royalities to TT?

 

[Kirkx]

Ninja: yes. IB and others: in the courts or on TT's "to-do" list. Front end providers from outside US: no (TT lawyers apparently can't figure out what to do with those).

 

[Robert Weinstein]

I have been using the auto click for a few months now with my XP64 system and it has worked great - Thank you !!

I am moving to a Win 7 64bit enterprise system and I can't seem to get either the 32 bit or the 64 bit to do anything (no changes from before running the program)

Any ideas??

 

[dont]

Quote from Kirkx:

What IB calls BookTrader is commonly called by others as DOM (Depth Of Market) order entry. From what I understand, TT actually holds the patent for the DOM itself, but the wording of the patent stipulates that the order must be transmitted by a single mouse click or keyboard shortcut. So if you add a confirmation pop-up, there is no infringement. In case you have missed this, the patent expires in 2016 (if I remember well).

So why does IB not implement our solution, pop-up with an automatic click of the confirmation. Then in 2016 just remove it.