Ack... didn't see your additional followups after the first, but my question still stands in the case you still want to execute orders with a different broker. On Oct 24, 2013 3:47 AM, "Judson Wilson" <[email protected]> wrote:
> I don't think you ever answered the question... just dodged it. > > What about this other broker's service for order execution is worth > abandoning a time tested software package integration with a community of > people keeping it functioning? > > Clearly the data service may be better but that really is almost entirely > a seperate issue. > On Oct 23, 2013 9:55 PM, "Daniel Perez" <[email protected]> wrote: > >> There are several reasons. I have an IB account, and to be frank I >> really don't like TWS. But that alone is certainly not enough. I also run >> a small trading business, and I have to be flexible on where I trade. >> Lastly, I don't like the IB data feed, and although you don't have to >> trade from the same source as the feed, it gets you part way there already. >> The API I may integrate is not FIX, it is tailored for integration into >> this type of platform, so much of the heavy lifting is done on that end. >> And I know some of the people behind the API are motivated to help me, as >> it helps their business, win-win. >> >> In the end it kind of begs the question, why are all of us here using >> JBookTrader? It is because we have the flexibility and control to make our >> own decisions with fewer constraints. It is the same idea. Eugene nicely >> offered up his philosophy on creating JBookTrader, and I thought about >> creating my own platform from scratch too, but if I only have to create an >> adapter that is not a bad deal. >> >> >> On Wednesday, October 23, 2013 10:37:12 PM UTC-4, Judson Wilson wrote: >>> >>> Furthermore, for order placement, why would you want to use anything >>> other than IB (except for the fact that you might already have someone >>> else)? >>> >>> I know this is a can of worms question, but I'm curious if there is a >>> better broker for this from the perspective of API quality, execution >>> speed, and price. >>> >>> We aren't interested in a cheaper alternative if it requires taking a >>> step backward in API quality or execution speed. Furthermore, I don't think >>> anyone here places enough orders to even care about commissions below IB's >>> prices. >>> >>> >>> On Wed, Oct 23, 2013 at 4:45 PM, Eugene Kononov <[email protected]>wrote: >>> >>>> >>>> >>>> When I saw JBT was open source, I thought I would download and build >>>>> it and then make any necessary changes I needed. However, now that I have >>>>> downloaded and built JBT I see that there are many libraries where the >>>>> source is actually not included. Therefore, my intentions may not work >>>>> out, as far as I can tell. Did I get that right? >>>>> >>>> >>>> The entire source base of JBookTrader is open. All of the included >>>> libraries (such as JFreeChart, commons, IB API) are also open source, which >>>> can be found elsewhere. There is no sense to bundle the source code of >>>> these libraries with JBookTrader, since they don't need to be modified for >>>> the purposes of building a trading strategy. >>>> >>>> >>>>> Here is what my goal is: modify the source code to add a new market >>>>> data adapter for real-time market data source other than IB, >>>>> >>>> >>>> This is certainly doable. >>>> >>>> >>>>> and modify the source code to submit orders to another brokerage via >>>>> my new adapter. >>>>> >>>> >>>> This would be much more difficult. There is a ton of things you would >>>> need to worry about when switching over to another brokerage: order >>>> handling and tracking, order executions during disconnections, order >>>> sequencing, rejected orders, partially executed orders, ticker matching, >>>> etc. These things are well tested with JBookTrader and IB, but it took a >>>> good effort to put everything in place and do it right. >>>> >>>> >>>> >>>>> I would hope that the project participants of JBT would encourage new >>>>> broker and data feed adapters to expand the influence of the project. >>>>> >>>>> >>>> The thing is, as the project owner, I am not really after the >>>> "expansion". Think of JBT as my private trading system which I offer as an >>>> open source to community. What I get in return is a collection of good code >>>> contributors, free QA by dozens of people, and new ideas. >>>> >>>> >>>> -- >>>> 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 jbooktrader...@**googlegroups.com. >>>> To post to this group, send email to [email protected]. >>>> Visit this group at >>>> http://groups.google.com/**group/jbooktrader<http://groups.google.com/group/jbooktrader> >>>> . >>>> For more options, visit >>>> https://groups.google.com/**groups/opt_out<https://groups.google.com/groups/opt_out> >>>> . >>>> >>> >>> -- >> 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. >> > -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. 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