IB TWS APIs - Great until IB crippled them

[alanm]

Originally posted by TriPack
Of course a good programmer can usually find a workaround for such situations.

Even a non-programmer can use one of the automated "if this dialog appears, then press this button" tools that are out there to do things automatically in Windows apps. There used to be one called "RtvReco" that I used to get rid of annoying messages. I'm sure there are others now.

Of course, it would be a violation to use such a thing to circumvent the lawful rules that have been put in place by the exchanges for the benefit of all. Choke.

 

[alanm]

Originally posted by CarlErikson
What restrictions are there on auto-quoting ETFs? What does "auto-quoting" encompass? Any links to these restrictions?

http://www.amextrader.com/Trader/News/amexnotices/120401.stm

As freehouse pointed out, you wouldn't want to try to send/change/cancel orders to AMEX's execution system quickly anyway, because it's too slow. That must not have stopped some from trying, though, which no doubt gave them more message traffic than they could handle

By "auto-quoting", I mean automatically generating and maintaining orders at varying prices, usually according to changing prices in some other security or securities. For the purposes of this discussion, we'd be talking about buy and sell orders for options, based on the price of the underlying security.