order efficiency ratio at IB

Craig66 said:
Does Lightspeed place any minimum fill / send / cancel ratios on API clients.
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No we do not. We have these APIs. If you have any follow up questions, please email me at work or call.
  • Lightspeed Trader (Equities only)-C++API
  • Sterling Trader Pro (Equities and Options)-ActiveX API
  • Realtick (Equities, Options and Futures)-C++ API
  • Silexx (Equities and Options)-.net API
 
Couple of questions:
* Do you still do the gateway product?
* I have a services comparison document for API trading at Lightspeed from a few years ago, it quotes a minimum fill rate required for the C++ API at 4%. I assume these fill rate requirments no longer exist given your previous answer?
 
I'd rather do this directly so I know who I'm talking to.

We are closing down the gateway and our only hosted product will be from Lime. Lime is ultra low latency.
The 4% rate is a guideline not a minimum. If someone were to send a large number of orders and not ever get filled, there might be some push back.

Please email or call me for any follow ups.
 
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