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ktw

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Posts posted by ktw

  1. Posted

    I never did run a comparison to see what impact using the split spread order has on fees.  In the big picture it won't make any difference on whether or not you're profitable but could save some money on fees. This is the script I use live on almost every order and it works. Some orders won't get filled if the price is already moving fast.

    ROUTE=SMRTL;Share=100;Price=Ask-Bid*.5+Bid;Price=Round2;TIF=DAY+;BUY=Send;TIF:DAY+

  3. Posted

    Hello, it looks like the SMRTL and SMRTM route types are not available in the challenge demo version of DAS. I was having problems with hot keys that I created in my other DAS install and think that is why. Are those routes specific to IB so I'll need to update my demo hot keys? Thanks!

  4. Posted

    Hello,

    You can try running a trace route command from your trading system: tracert <DAS IP Address>

    For me the command was tracert 104.153.226.163. It's not perfect but the results will give you a general idea of where the increase in response times are taking place. Here is partial output from running the command on my system. The last messages will show request timed out if the destination is blocking this type of traffic, and it looks like DAS is blocking. My results show a good increase, line 12 to line 13, when going from Seattle to NY. You could ask different service providers to run tracert from their network to DAS and ask for the results but I'm thinking it will be difficult to get below 200ms from your location.

    9    35 ms    30 ms    30 ms  bbr02sttlwa-bue-4.sttl.wa.charter.com [96.34.0.56]
     10    27 ms    27 ms    27 ms  be4770.ccr22.sea02.atlas.cogentco.com [38.104.127.253]
     11    27 ms    28 ms    28 ms  be3053.ccr21.sea02.atlas.cogentco.com [154.54.2.37]
     12    27 ms    27 ms    27 ms  ae10.cr3-sea2.ip4.gtt.net [173.205.53.157]
     13    97 ms    93 ms    93 ms  et-9-1-0.cr0-nyc2.ip4.gtt.net [213.254.214.2]
     14    93 ms    94 ms    94 ms  as5580-gw.cr0-nyc2.ip4.gtt.net [173.205.56.158]
     15     *        *        *     Request timed out.
     16     *        *        *     Request timed out.
     17     *        *        *     Request timed out.

  6. Posted

    Hello BBT, new monthly member as of a couple weeks ago and looking forward to the trading challenge. I received any email on split spread orders from InteractiveBrokers so I looked into how to create a hotkey in DAS. Here is a hotkey script for a 500 share limit order at a price that splits the spread, at least, this seems to work in SIM:  ROUTE=SMRTL;Share=500;Price=Ask-Bid*.5+Bid;Price=Round2;TIF=DAY+;BUY=Send;TIF:DAY+

    Is it true this order adds liquidity so could potentially avoid ECN fees (depending on route) with a possible credit? With that benefit comes the risk of not having your order filled. I'm still in SIM, and plan to be for at least another couple of months, so I'm not sure what impact this would really have on ECN fees. I'm going to try it in SIM to see how often orders do not get filled. Curious to know if anyone else uses orders similar to this setup? Thanks!

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