Yes, it's just a data feed, you have to keep two connections: brokerage and data feed. It adds another point of failure to the system, but you also have a much better data feed and it is less expensive if you trade several futures at the same time.
On Friday, July 12, 2013 12:30:12 PM UTC+2, Mick O'Donnell wrote: > > No problem, > > IQFeed is just a data feed right? I don't know anything about it. The nice > thing about data mining from IB is that you can trade / forward test and > collect your data on the same brokerage server farm connection. So if you > used IQFeed for your data mining, you'd still need a 2nd connection in your > system to the brokerage right? > > > > On Friday, July 12, 2013 11:59:36 AM UTC+2, Miguel wrote: >> >> I run several instances of JBT without problems. I just run them with >> different home directories and setup folders. Running several instances of >> IB Gateway from the same ip should also be possible but I haven't tried. >> >> I find your setup interesting if you are trading Eurex and CME futures >> since you could setup two virtual private servers, one in europe and the >> other near chicago with two users each one paying its exchange fees and >> both trading for the same account. As the number of traded futures grows, >> IQFeed is a more attractive option in terms of price and infrastructure. >> >> Thanks for your explanation. >> >> On Friday, July 12, 2013 11:23:22 AM UTC+2, Mick O'Donnell wrote: >>> >>> Yes, that's how I've done it. Make sure you run each instance on a >>> separate machines (virtual or physical) too. JBT doesn't like other >>> instances running along side (there's a separate thread somewhere about >>> this). I'm still working on the code to actually capture the data >>> correctly. I know Eugene and Marcus have created the base strategies for ES >>> and CL to make sure we're mining the correct contracts on any given day, >>> but I'm not sure about the other symbols. The base strategies are there for >>> other symbols, but I'm not sure if they always get the right (most fluid) >>> contract. Maybe someone can shed some light on this question? >>> >>> >>> >>> On Friday, July 12, 2013 11:12:52 AM UTC+2, Miguel wrote: >>>> >>>> So you are running 4 parallel instances of TWS (or IB Gateway) + >>>> JBookTrader, each one logged in as a different user, in order to capture >>>> 12 >>>> symbols? >>>> >>>> On Friday, July 12, 2013 11:10:01 AM UTC+2, Mick O'Donnell wrote: >>>>> >>>>> No, the data subscription is solely for that user (as far as I am >>>>> aware - someone please correct me if I am wrong), not the whole account. >>>>> So >>>>> if user A is data mining symbols 1, 2 & 3, that user won't be able to see >>>>> data on symbol 4, even if user B (on the same account) is subscribed. >>>>> You'll still have the market data subscription fee for per user per month. >>>>> >>>>> >>>>> >>>>> >>>>> On Friday, July 12, 2013 11:04:41 AM UTC+2, Miguel wrote: >>>>>> >>>>>> So when you connect to TWS or IB Gateway with one user, you can use >>>>>> all the level 2 feeds assigned to all the users currently added to your >>>>>> account? And then I understand that you have to pay the exchange fees >>>>>> multiplied by the number of users added to your account. >>>>>> >>>>>> On Friday, July 12, 2013 9:03:14 AM UTC+2, Mick O'Donnell wrote: >>>>>>> >>>>>>> Hi Miguel, >>>>>>> >>>>>>> I'm not sure what Allen meant about endpoints either, but I found >>>>>>> the easier way to add more symbols is just to add more users to your >>>>>>> account. IB limits the deep book symbols to 3 per user, not per >>>>>>> account. I >>>>>>> think I'm mining about 12 symbols at the moment (4 users on one >>>>>>> account) >>>>>>> and I have a fifth user for logging in on mobile to monitor the >>>>>>> account. >>>>>>> You will just have to pay the IB market subscription fee for each user >>>>>>> on >>>>>>> your account that is mining data. Is not that expensive though (I think >>>>>>> it's about $25 a month per user?). >>>>>>> >>>>>>> I hope that helps? >>>>>>> >>>>>>> regards, >>>>>>> >>>>>>> Mick >>>>>>> >>>>>>> >>>>>>> >>>>>>> >>>>>>> On Friday, July 12, 2013 8:37:07 AM UTC+2, Miguel wrote: >>>>>>>> >>>>>>>> Yes I do understand that it is no a limitation of jbooktrader but a >>>>>>>> problem of the cost structure of IB. Allen was talking about a >>>>>>>> different >>>>>>>> cost structure and "endpoints", a term I still don't know what it >>>>>>>> means. >>>>>>> >>>>>>> -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/jbooktrader. For more options, visit https://groups.google.com/groups/opt_out.
