IB - Booktrader 906 no more single click!

I'd have to think too many traders were making mistakes. No such confirmation is needed trading from TWS order screens, so why Booktrader?

 

Yeah, go with button trader, bracket trader or zero line. I can't imagine using IB's sh*tty booktrader.

 

TT musta threatened them. Get used to it or move to TT I would guess.

 

Insane to require confirmation - at the very least, there must be an option to disable it.

 

Is there some sort of macro workaround that might deal with the popup confirmation? Even moving an order.... sucks greatly. I love the clicking anywhere above to get the order done...

I ran TT here next to Booktrader and aside from the chunked data, they were very close in speed.

And of course, as many markets open as needed...

 

bracket trader (among others) gives you this ability and is free to use up to 3 contracts for ES and $100 for lifetime registration. It works and is much better than booktrader anyway. This should not be a big deal to work around.

 

IB recently got sued by TT over the DOM, along with Cunningham. It's not like they just sat around and said, "Hey let's make the DOM suck with confirmations".

The two key components of TT's patent are the static price ladder and single click entry, hence, the auto recentering feature and the new confirmations...

Until the settle with TT, better stick with a previous TWS if you want to use BookTrader.

 

In that case why don't they flip the bid/ask sides so the ask is on the left and the bid is on the right to avoid a similarity. Or create a diagonal "ladder".
Either way, a double click requirement will not make IB's most active customer's happy and may result in less trading or customers taking accounts elsewhere - because to confirm each trade and each movement of an order just slows down a scalper too much.
Another thing IB can do is require a double click to place an order - I think that would be faster than waiting for the confirmation screen to pop up and hit ok.

 

I think you're confusing patent with copyright.

 

Did you guys know that TT is demanding that the futures exchanges pay TT a fee of 2.5 cents for EVERY TRADE placed on the exchanges?
Unbelievable but true: http://www.tradingtechnologies.com/patent-situation.aspx

Read "TT against the world", and "TT's open letter to the futures industry"