Good news! Fundamental data is now available for paper and real money trading through Interactive Brokers (IB).
We initially announced the availability of fundamental data in December and have continued to iterate on the feature. We added fundamental data to paper trading and for use within the Quantopian Open a few weeks ago. Now your algos can use fundamentals to trade real money through IB as well.
We have more work planned for fundamentals, so stay tuned as we add more improvements.
If you're interested in digging into some sample algorithms and getting started with fundamentals, here's a sampling of forum posts with algorithms using fundamentals.
- Fundamental Algo inspired by Benjamin Graham
- Using #Fundamentals to identify uptrending volatile small caps
- Using Fundamentals growth ranking for healthy growth stock picking strategy
- Value Investing in Quantopian: Comparing the Acquirer’s Multiple to the Magic Formula
Here is the API documentation and the reference document with details on over 600+ fundamental metrics.
Additionally, attached is a sample for a simple multi-factor algorithm using fundamental data. It's a nice template for getting started with value investing and fundamentals on Quantopian.