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Date/Time: Sat, 28 Dec 2024 07:48:09 +0000



Post From: IB FX

[2016-01-06 14:09:04]
User754985 - Posts: 109
3. What would be the benefit of using FXCMs "old retail" feed? I first hoped that I at least can use their mid-point price (which in theory should be the same for their current and "spread-marked-up" feed...But after observing/ comparing their mid-point price (derived from retail feed) with their "current" feed bid-ask prices on their website (in a quiet market), I saw that "marking-up" on their side happens unevenly, is biased to either the bid or ask...at their discretion..So, makes it not really usable/comparable to IB's.

On the other side (hold my fingers crossed), IB most probably improved their FX feed from 2016..As i write this now, I can very often see more ticks in IB's feed per minute than in FXCM's (e.g. EURJPY), anywhere from 240 to 1000+ ticks(!!),i.e. not really snapshots! This leads to being nearly no difference between their the "historical bars" and "RT bars"...My problem solved.

6. Yes, going "unmanaged" one can do anything.
The benefit of "SupportReversals" is that in case of prior position "issues" (wrong quantity), with "supportreversals" total order size would be calculated automatically, without the user having to handle all such situations in the code manually..

It would be great to have one total order size in case of reversal with "market" orders, and split - as you described now - in case reversal happens with limits.