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Investor relations site of IB, spend 20min watch the video.
TWS Latest 10.12.2h VWAP lagging behind- TWS developers
- Thread starter mrrvogl
- Start date
That’s what they need to create more account growth. It’s too complex for most traders.
They are also adding exchanges in Asia, Middle East, and more retirement based accounts for more jurisdictions.
You're right..."To remain current and improve our attractiveness, we'll be implementing a brand new trading platform". Thats all that was said. So who knows what that actually means or when that will actually happen.
It could mean some simplified robinhood-esq platform to appeal to the dumb retail segment.
Personally I'm fine with TWS aside from a few glitches and missing features...and of course overall performance can be better.
But Im doubtful what hes talking about is a new full scale TWS features level professional platform...we'll see...I hope it is
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They need a new User interface that is easy for new traders.
it will be geared towards younger investors for sure. Launch is later this year my buddy said. Though their employees missed internal deadlines all the time so not 100%
TWS is a legacy monster app, must be millions of lines of code, that they cant seem to replace easily.
It is like the banks and corporations that are still using Mainframes and COBOL, finding it almost impossible to get off them.
The Java Swing Multi platform GUI stack was cool in 1998.. I still remember the first time i saw it..
It is like the banks and corporations that are still using Mainframes and COBOL, finding it almost impossible to get off them.
The Java Swing Multi platform GUI stack was cool in 1998.. I still remember the first time i saw it..
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This is what kills me... TWS isn't that difficult. So I'm worried about how simplified they may try to make the platform. Because they still need to cater to their more sophisticated clientele.
What will really kill me is if they have TWS as the "pros" platform and then this new platform with all its improved looks,tech, and performance will be a stepped down simplified for dummies platform.
This new platform with its new tech and looks should have the same power/features as TWS.
Who knows.
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I don’t think doing one will take away from the other. They should be able to create a platform that is very simple for novice investors and keep tws for very minimal additional tech spend. Too many users complain about the user interface.
For me IB’s negatives are 1) being unable to trade CSE stocks 2) commissions on small cap securities 3) being unable to do simple cert deposits of shares 4) lack of order routing for Canadian ATSs
The very simple platform for novice investors is the web portal platform.
And those users that complain about the user interface are only complaining about the looks/style of it. The REAL interface complaints are the broken indicators, lack of drawing tools, missing indicators and charting types, and slow clunky charts.
None of those have to do with simplifying the ui and have everything to do with adding missing features
def
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VWAP - the delay you point to will be addressed in the next release.
For those those that want simplicity and and just stocks/fx/crypto (in markets we can offer), you may want to check out our IMPACT app which was released in November.
https://impact.interactivebrokers.com/en/home.php
For those those that want simplicity and and just stocks/fx/crypto (in markets we can offer), you may want to check out our IMPACT app which was released in November.
https://impact.interactivebrokers.com/en/home.php