Thanks for letting me know about the potential problem with IB forex. It's hard to keep up with all the changes these days.
Can you tell me if the IB trading plugin in AB supports real-time trade execution by clicking on a chart or quote in AB? I thought I saw some AFL or javascript to do this in AB, but I can't seem to find it. Since I don't have experience with the IB plugin, you might want to let me know what features you would want for a MBT plugin. Thanks, Chris --- In [email protected], "ozzyapeman" <zoopf...@...> wrote: > > I am very interested in MB Trading, even though I currently autotrade with IB. > > Here is the main reason: FINRA, the regulatory agency that regulates IB on > Forex, recently has proposed a rule change to reduce leverage on Forex down > to a measly 1.5:1! IB currently allows leverage of 20-40:1 and some other > brokers allow as much as 400:1. > > This rule, if it goes forward, would effectively kill all the retail Forex > brokers under FINRA. > > MB Trading, on the other hand, has their Forex business regulated under NFA, > and only some of their other products come under FINRA. So at least on Forex, > MB Trading would not be subject to any draconian leverage rule. Rumor has it > that NFA might implement a 25:1 leverage rule, but that is far better than > 1.5:1. > > Even if the FINRA rule does not go through for a while, I still like the idea > of spreading my money across 2-3 brokers. While IB does have a pretty solid > rep, I just don't trust *any* self-assessed statements of financial stability > coming out of any Wall St. firm these days. Wonder why. ;-) > > So put me down as very interested in developing AutoTrading code to connect > AB to MB. > > More info on the FINRA proposal here: > > http://www.finra.org/Industry/Regulation/Notices/2009/P117744 > > Btw, I sent some emails to IB asking if they have a contingency plan on this > FINRA issue. While share any info once they respond. > > > > --- In [email protected], "ganamide" <ganamide@> wrote: > > > > Hello, > > > > I was wondering how many people are interested in a datafeed and/or trading > > plugin for MB Trading. They recently added backfill capability to their > > quote api, and it seems that they provide upto 1 year of minute data, 30 > > days of tick data, and 10 years of daily data. > > > > I have some experience with the MBT SDK and I have 10 years programming > > experience. I don't expect this task to be too difficult for me, but would > > be more inclined to do it if others are willing to pay a modest fee for it. > > > > Any comments and suggestions are appreciated. > > > > Thanks, > > Chris
