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Hi Dave.
Thanks for the input. I was thinking of keeping my current broker as a backup in any case, but what I'm looking for is a broker which will supply an API that I can incorporate into my own application. Not so much for the feed - I use QCharts which I will probably keep using for quotes, and which is fairly easy to import data from - but in order to be able to do automatic entry of orders when a certain rule gets fired. A bit like TS6, but my own creation, tailored specifically to what I want.
Regards,
Tom
>From: Dave Nadeau <dave.nadeau@xxxxxxxxxxxx>
>Date: Fri, 22 Mar 2002 21:06:00 -0700
>Subject: Re: Broker...
>
>
>Hi Tom,
>
>TN> I'm looking for a broker that offers an API that you
>TN> can interface with your own application.
>
> For simplicity and a quick start, IB's automated
> trading is very hard to beat.
>
>TN> I was thinking of IB, but the 'press' they have
>TN> received here in the past day or so kind of put me
>TN> off them.
>
> I've been a customer of Interactive Brokers from
> within a month of when they went retail. Many
> thousand trades later, I'll say I'm a very satisfied
> customer. I've also used JTrader for the last year.
> Both will have feed problems independent of anything
> at the CME, or whatever other exchange you are
> trading.
>
> If you are looking for a lot of personalized support,
> then IB's not the place. They have a lot of customers
> (small retail ones...), and, I'd expect, if they are
> experiencing any systemic problems, everyone will
> hear about it from many users on newsgroups,
> maillists, and boards everywhere.
>
> So, my point is that one shouldn't assume that other
> trading platforms/feeds don't have similar problems.
> My personal observation is that my other feed goes
> down three times as often as any problem I've had
> with IB (both are very low percentages of total
> uptime--very low.)
>
> Depending on your level of risk, tolerance for it,
> type of systems you trade, etc., it may be a good
> idea to consider Broker..."s"
>
>--
>Dave Nadeau
>Fort Collins, CO
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