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Old 12-31-2009, 12:35 AM   #9

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Re: Which Broker for Trading Stocks, Fx & Futures with NT ?

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Originally Posted by rcossey73 »
...I also know when I was using IB with NT there was an issue that if TWS stopped receiving data NT would not know and you could think everything was fine when in reality the market just passed you by...
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TWS has audio alarms that alert you if the internet connection is broken.
You set it under the Configuration menu.
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Originally Posted by rcossey73 »
I am not sure how you would code this into an automated system, if possible then that shouldn't be a concern then...
...

Can you give an example on how you could do this with other broker/trading software combination?
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Old 12-31-2009, 12:37 AM   #10

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Re: Which Broker for Trading Stocks, Fx & Futures with NT ?

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Originally Posted by sevensa »
I am not sure how this is an IB issue? Isn't this is an issue/concern for any automated system with any broker to know when you lose internet connection?
In order to automate a strategy with NT and IB, you have to establish a connection between TWS and NT. TWS is connected to IB servers and not NT. With most other data providers NT is connected directly to the data providers and can detect failures directly. When I used TWS with NT there was no way for TWS to alert NT that connection was lost to IB servers.
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Old 12-31-2009, 12:41 AM   #11

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Re: Which Broker for Trading Stocks, Fx & Futures with NT ?

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Originally Posted by rcossey73 »
In order to automate a strategy with NT and IB, you have to establish a connection between TWS and NT. TWS is connected to IB servers and not NT. With most other data providers NT is connected directly to the data providers and can detect failures directly. When I used TWS with NT there was no way for TWS to alert NT that connection was lost to IB servers.

I do not have experience in this... I have a few questions:

1. How does NT detect disconnection with other brokers? (which brokers?)

2. What is NT going to do if there is a disconnection?

3. How is NT going to alert you if there is a disconnection?
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Old 12-31-2009, 12:41 AM   #12

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Re: Which Broker for Trading Stocks, Fx & Futures with NT ?

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Can you give an example on how you could do this with other broker/trading software combination?
Where did I say that you could or should? As far as I know most other providers have a direct connection between NT and the providers servers and you don't have to rely upon another application.
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Old 12-31-2009, 12:46 AM   #13

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Re: Which Broker for Trading Stocks, Fx & Futures with NT ?

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Originally Posted by Tams »
1. How does NT detect disconnection with other broker?

2. What is NT going to do if there is a disconnection?

3. How is NT going to alert you there is a disconnection?
1) Not sure, I would suggest you check with NT's docs or support staff to be certain.

2) Try to establish a new connection, something it doesn't know to do if TWS stops working.

3) There are probably several ways, I would suggest you check with NT's docs or support staff to be certain.
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Old 12-31-2009, 12:47 AM   #14

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Re: Which Broker for Trading Stocks, Fx & Futures with NT ?

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Originally Posted by rcossey73 »
Where did I say that you could or should? As far as I know most other providers have a direct connection between NT and the providers servers and you don't have to rely upon another application.

I still do not understand your point...

so what would happen if there is a disconnection?

what would do what?

1. the broker software would take some action? like what?

2. the broker server would take some action?
e.g. liquidate your positions?
do you program the broker's side for action?

3. NT would take some action? What actions?
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Old 12-31-2009, 12:52 AM   #15

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Re: Which Broker for Trading Stocks, Fx & Futures with NT ?

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Originally Posted by rcossey73 »
...

2) Try to establish a new connection, something it doesn't know to do if TWS stops working.
....

TWS automatically and continuously retries connection when broken.
This is just a basic function, I am sure any broker's software would do the same.
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Old 12-31-2009, 12:54 AM   #16

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Re: Which Broker for Trading Stocks, Fx & Futures with NT ?

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Originally Posted by rcossey73 »
In order to automate a strategy with NT and IB, you have to establish a connection between TWS and NT. TWS is connected to IB servers and not NT. With most other data providers NT is connected directly to the data providers and can detect failures directly. When I used TWS with NT there was no way for TWS to alert NT that connection was lost to IB servers.
Really? I had internet issues recently with a bad DSL connection and got frequent "Connection Lost" voice prompts from NT each time this happened and TWS lost connection.

Are you actually using IB, or is your comment based on what you "heard" or from something long ago? Not trying to sound rude and apologize if it sounds like it, but I think this is important to know if your comments are based on real experience or heresay or based on using something very long ago.

I am still unclear how this an issue with automated systems? Are you saying that when running an automated system in NT that it will send orders to IB even though there is no active data feed when your internet connection is down because you cannot detect it automatically in the strategy? What would the NT strategy base it's orders on then? Sounds like an NT issue to me and not an IB issue.
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