I called IB several times. They told me any subaccount has its own margin. In fact, when I trade using my master account(selected ALL), I found the margin would be the minimal margin of all the margins of all the subaccounts.
Da On Thu, Mar 17, 2011 at 1:51 PM, alrts <[email protected]> wrote: > I don't think it's implemented in JBT 8.04, or I am missing > something ? > > For the time being, I just want to be able to trade one account of a > multi-account. > > Yes, you are right, there is more to it. But you do not distribute the > profit. You trade a different number of contracts for each account by > issueing just one order. For our purposes, there would be 3 steps: > > (1) replaceFA(1, xml): > Define a subgroup of accounts of your multi-account as an xml string > > (2) replaceFA(2, xml) > Define a security and it's allocation (i.e. how many contracts for > account1, how many contracts for account2, ...) as an xml string, a so > called profile, and give it a profileName (contained within the xml > string). In our case this would be a profile with only one security in > it. The accounts referenced must be a subset of the subgroup defined > in step 1. > > (3) placeOrder(id, contract, order) > order.m_faProfile contains the profileName, and order.m_totalQuantity > should contain the sum of quantities defined for the different > accounts within the profile. PS: if order.m_faProfile != "", then > order.m_account = "", order.m_faGroup = "", order.m_faMethod = "" as > all information is stored within the profile already. > > That's all there is to it. In an FA multi-account, the master account > is not meant to be traded, and each other subaccount has his own > margin requirements. In an institutional multi-account, there is no > master account and margin is shared among all accounts. > > -- > You received this message because you are subscribed to the Google Groups > "JBookTrader" group. > To post to this group, send email to [email protected]. > To unsubscribe from this group, send email to > [email protected]. > For more options, visit this group at > http://groups.google.com/group/jbooktrader?hl=en. > > -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/jbooktrader?hl=en.
