IB threatens to close my account

it takes a few months to rewrite all programs. besides, I feel secure parking money with IB.

Quote from LeeD:

Are you aware of any prop that offers conditions not worse than IB in any single category? Including 100% payout and your money is yours... you can take all of it out the day you join the prop.

Not to mention being rated with S&P, Moody's or Fitch
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Go prime and execute where you want. You've got to have more in your account than what you paid in commissions.
 
Trend:

I'd bet you will not get an exception. However, they will probably give you time to alter your program. I'd make a fairly detailed estimate as to how long it will take to incorporate and test your program changes this weekend. Then send IB an email requesting the time and explain the basis for your request.

Jack
 
Quote from trend2009:

it takes a few months to rewrite all programs. besides, I feel secure parking money with IB.
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You don't have to rewrite "all programs"...
Optimize 10% of your code...
Prioritize orders in a queue and be remotely efficient.

I do > 1000 executions/day with IB...
And my orders/execution ratio is about 3:1, 4:1 max...
But I'm not trying to manipulate the market in any way...
Unlike your defenders.

IB is a retail broker...
If I was doing 260:1, I would EXPECT to get shut down.
 
I maybe able to reduce that under 100, but no way under 60. since you have 4:1, I guess you have very clear predefined set ups so that when the set up is mature, you just enter. in my case, my set up is quite dynamic, and fast.

Quote from DeeDeeTwo:

You don't have to rewrite "all programs"...
Optimize 10% of your code...
Prioritize orders in a queue and be remotely efficient.

I do > 1000 executions/day with IB...
And my orders/execution ratio is about 3:1, 4:1 max...
But I'm not trying to manipulate the market in any way...
Unlike your defenders.

IB is a retail broker...
If I was doing 260:1, I would EXPECT to get shut down.
More...
 
Quote from DeeDeeTwo:

IB is a retail broker...
If I was doing 260:1, I would EXPECT to get shut down.
More...

Depends on your size/commissions also?

Trading 1 lot at a time or trading 100 lots.

The resources used up will be the same, but one generates 100 times the commisisions as the other?
 
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