So you are under the impression that EVERY OTHER BROKER will cover unauthorized trading in user accounts? Tell me more things about this planet you live on, I may want to visit.
Yes. Each individual account supports two full function user names I was told. And yes, I am set up and it works (for funds management at least -- not yet on STP for TWS for individual accounts). I actually keep one at home and one in office now to avoid transporting (& risking) the Secure Computing device. I guess this also protects against a fire, etc. disabling the single point of failure. This is only slightly less convenient than, say, E*Trade which lets you "attach" token devices arbitrarily to account, but the 2 user name solution is very reasonable. A general observation/aside: Yes, customer service is not the swiftest (e.g., I'm still waiting for portfolio margin request after a week), and yes, knowledge levels do vary. But in the end, I find that CS does come through... and when it comes to a trading system issue (like routing), responses (and remediation) are reasonably fast. I think if everyone gives it a chance, a similar experience will be had.
There is a solution ready for deployment for users deploying a CTCI or API trading solution involving automated login. The details will not be communicated in a public forum. This is a relatively small client population so it isnt where we started.
Did I miss something? I thought IB was requiring everyone to use the SD and provide a challenge code this AM. I logged into both accounts as usual. I see no other discussion of it here?
Ive had one of them log-in gizmos for about 18 months now, I had to use it to login to my individual account yesterday.
I have an institutional acct and a personal acct. Neither required it today. I received several emails late last week saying that today would be the rollout. I think a phased approach is entirely the smartest way to implement something like this.
Do you have to physically press buttons on the device to log on? if so, this sucks, because I run TWS from a remote computer. Maybe MB trading will be an alterative?