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Direct MessagesDate/Time: Wed, 08 May 2024 22:40:09 +0000
Post From: Link Sierra To Two Separate Subaccounts At IB
| [2017-09-22 01:16:25] |
| trader2017 - Posts: 91 |
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Hello, I had written previously about how to set up two connections to Interactive Brokers by having two installations of Sierra on two separate computers. I had wanted to be able to trade long in one installation and short in the other installation of the same symbol and have both show as open in each Sierra copy even though in reality since they both went to the same IB account they cancelled each other out and I actually had zero contracts. I set that up as instructed after writing to you, and everything worked very well. However, now what I think would work better for what I’m trying to do is if I could trade in two separate IB accounts one for long and one for short. I’m going to contract IB and ask them about their master account structure which lets you trade subaccounts under a master account. And I noticed that when I checked your Data/Trade Service Settings that the account number was not required, only the user name and password to IB. So if they tell me that I can only have one account number for the master and subaccounts but I can have separate user names and passwords for each subaccount, will I be able to link up one copy of Sierra to one subaccount and another copy of Sierra to the other subaccount, even if they have the same master account number? That way the long and short trade will not cancel the other out and they will both remain open. I’m assuming I would still have to pay the $20 per month fee for the second connection like I did before. Would there be any other charges to link Sierra to two subaccounts under one master account at IB? Thanks for your help… Date Time Of Last Edit: 2017-09-22 01:18:57
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