IB Suggestions & Improvements

Suggestions:

1. Commit to a regular schedule of quarterly updates to TWS, rather than springing them on us willy nilly. In my experience in the computer industry, randomly scheduled updates might be OK for beta software, but are unacceptable for actual released products. Particularly in the case of TWS, where hundreds of millions of dollars (of customer money) are riding on it. TWS has been out for 3 years. Its high time for their programmers to step up and be professional about it. This is discussed at length in http://finance.groups.yahoo.com/group/TWSAPI/message/5393

2. Allow configuration of SMART to exclude more than just BOX and AMEX for options.
 
Quote from luh3417:

Suggestions:

1. Commit to a regular schedule of quarterly updates to TWS, rather than springing them on us willy nilly.
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Seems like you don't have to update your TWS until you find it appropriate to do so. There have been a few times where there have been forced upgrades, but mostly they are optional.
 
AFAIK, they only support the current version, the previous version, and maybe one more back. In January they had 2 releases. Once you hit the last release you have no choice but to upgrade. Why can't they have the discipline to schedule their releases e.g. February/ May/ August/ November 15th so we know ahead of time?
 
I don't trade too often and it would be nice to have a handy list of my entry prices

Could IB give us an option on TWS to have the Trades List show the last 15 trades?

Now, the trades list deletes all trades over a day old.
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Provide two separate access levels for API connected clients. The high level should be as now with full privileges. The lower level should not have access to 'sensitive' functions such as place order or portfolio updates.

For example if a client is solely a charting application (or only it's charting features are being used) it would need only functions such as reqMarketData (), backfill, reqContractDetails() and so forth.

Higher level access should be authenticated, probably by password.

There is potential for mischief in the current setup. For example an application ostensibly just for charting or downloading historical data could perform malicious actions. Not only would two level authority help to protect the TWS user, but also protect software authors of applications doing just data collection/analysis/charting from any unwarranted accusations of wrong doing.
 
Quote from IBsoft:

An interesting idea, but it in the worse case scenario it could significantly increase the computer resources we would need (internally) to make it available. (i.e. we would need to process and distribute each ticker stream twice: real-time and delayed. How would you feel about it if we charged for it? (obviously not the same amount as for the real-time quotes)
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One thing I would like to see is delayed data for Pit futures (once you add them). I would be willing to pay a little to pull up delayed quotes.
 
Quote from giggollo:

Unfortunately, IB will liquidate your positions at 3:50pm even if you have MOC orders in for them. This is a major oversight by IB in designing their liquidation algorithms..either they're still using an algorithm designed before MOC orders existed, or whoever designed the algorithm totally forgot about MOC orders. It does not make sense because NASDAQ rules dictate that MOC orders cannot be cancelled after 3:50pm anway, and so if IB is evaluating your account for potential liquidation at 3:50pm as they do, they should consider positions for which MOC orders have been placed as "closed positions". Instead what ends up happening right now, is that if you place MOC orders and your SMA is less than zero at 3:50pm, they liquidate your positions and then the MOC orders still get executed (they cannot be cancelled after 3:50pm) resulting in you taking home net positions opposite to what you had before 3:50pm. This needs to be fixed by IB soon and i think they're already aware of it.
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This should now be fixed.
 
Dear IB,
I posted in another thread about the absence of greeks on sgx options. Also analytics and modeler are blank: the data is essential in helping to guide me through decision making process and right now im forced to either stay on the sidelines or purchase my options completely blind.
Can u do something about it?
Thanks
 
Quote from Bitstream:

Dear IB,
I posted in another thread about the absence of greeks on sgx options. Also analytics and modeler are blank: the data is essential in helping to guide me through decision making process and right now im forced to either stay on the sidelines or purchase my options completely blind.
Can u do something about it?
Thanks
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Assuming that you are referring to the SGXNK@SGX futures options: IA is failing because we do not provide the JPY yield curve. We are working on providing it.
 
Quote from IBsoft:

Assuming that you are referring to the SGXNK@SGX futures options: IA is failing because we do not provide the JPY yield curve. We are working on providing it.
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y, I was referring to sgxnk futs options

thanks for the feedback
 
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