Anyone trading or tried trading equities with Ninjatrader+IB?

Discussion in 'Interactive Brokers' started by Splat, Feb 24, 2017.

  1. Splat

    Splat

    Thanks kmiklas. This is more along the lines of what I was looking for. I'm looking to do HFT trading. Depends on what you mean by HS - I'd be looking for quick scalps probably not less than 10-15 seconds though.
     
    #11     Feb 24, 2017
  2. xandman

    xandman

    It will be prone to hiccups. It is not production grade.
     
    #12     Feb 24, 2017
  3. kmiklas

    kmiklas

    HS=High Speed (which I distinguish from high-frequency). HS for me is at least 1ms tick times; IB runs at 250ms. I did a little scalping with IB, and got latency; it drove me CRAZEEE--that's why I stopped. I was on an Xfinity cable connection using TWS over the TWS-API. I also wrote a C++ algorithm that traded through the TWS-API/gateway to speed up the firing of "clicks." Again, latency. Perhaps it was the network, perhaps IB... either way, my rig definitely wasn't the bottleneck: my 4-core I7 processor was firing clicks at 400ns. Regardless, I wasn't getting the prices that I wanted. The orders just weren't getting matched fast enough. But heck, this was just my experience. Try it; one-click trading can be "armed" for scalping. See how you like it.

    I personally believe that the FIX interface and private-line connection to the exchange is necessary for HS/HFT, but that is definitely the next price tier up.

    ^^^ What he said.
     
    Last edited: Feb 25, 2017
    #13     Feb 25, 2017
  4. lovethetrade

    lovethetrade Guest

    Keith, what's the difference between this and being co-located with the exchange?
     
    #14     Feb 25, 2017
  5. Splat

    Splat

    @miklas - Very useful info. Thank-you for your reply.
     
    #15     Feb 25, 2017
  6. Splat

    Splat

    Just noticed, I had meant to write I'm *NOT* looking to do HFT trading.
     
    #16     Feb 25, 2017
  7. Splat

    Splat

    I assume the language used, the implementation behind the interface and the lack of co-location all contribute to the lag.
     
    #17     Feb 25, 2017
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