Support Board
Support Board
Search Board
Control Panel
View My Posts / Threads
Direct MessagesDate/Time: Sun, 05 May 2024 11:14:37 +0000
Post From: New Interactive Brokers trade platform in development
| [2023-05-21 21:57:20] |
| voided - Posts: 45 |
|
I second the comment about spreads on TWS... they do not offer level 2 and the quotes are terrible. They are not accurate on many thinly traded instruments for whatever reason. Further, on the subject of spreads, they only offer native support for calendar/reverse calendar. All other spreads (butterfly, condor, etc.) must be "user defined", and the process for constructing these and entering them into a symbol field is extremely slow and tedious. I sincerely hope the new IBKR platform does not have the TERRIBLE performance of TWS. IBKR team should take Sierra as an inspiration in this regard. Their data feed becomes unusable at periods of high volume and gives no indication that it is lagging behind real time. Simple panels of quotes, watchlists, etc. degrade performance to a ridiculous extent. The platform constantly fails to save layout state, leading to many reduplicated efforts. The platform is plagued with uninformative, misleading, and pointless error messages, such as "the instrument is not supported" (when there is absolutely no observable lack of support for the instrument). Regarding the API, I pray that it is nothing like the convoluted mess that is TWS API. Basic functionality like modifying limit order prices is not documented, and support is useless in resolving the simplest questions. The platform constantly disconnects (I have no particular connection problem with ANY of the other myriad platforms I have used--it is NOT an internet issue on my end). The asynchronous design makes simple tasks take an absurd number of steps due to the unnecessary coordination between wrapper and client functions. |