On IB the max number of orders placed / cancelled / or replaced is 50, or if you use FIX it is 150. I was wondering if anyone knows what the limits are? on other brokerages especially genesis Thanks
Hmm really? Do you have a link to the IB website that specifies the 50 limit? It would explain the problem I posted earlier here http://www.elitetrader.com/vb/showthread.php?s=&threadid=114755
It doesn't list in on the web site, however I've spoken with the IB reps on several occasions. I was asking how to get around this problem. You can try to create another log in, however say you sign in on both log into and then place a ton of trade on this first, you will see this on your 2nd log in, so it defeats the purpose of getting a fresh 50. Either you have to go FIX, or get many different seperate accounts
http://individuals.interactivebrokers.com/en/p.php?f=programInterface&ib_entity=llc Under Interface Comparison