Live trading being shutdown: My Response.

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Live trading being shutdown: My Response.

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If you haven't seen already, the following email has been sent out:

We have decided to stop supporting live trading through brokerages (Interactive Brokers and Robinhood) on Quantopian. September 29th will be the last day of trading through a broker.

Please see my email response to fawce below, and add to it if needed. (My response was written on a phone, so the organization isn't great)

I understand that company goals change, but for those that have slaved hours to learn your system for the sole purpose of personal trading, you can't give more than a 40 day notice?

Please reconsider a longer time frame before shutting down the personal live trading.

Additionally, please consider reversing this sunset, and keep the personal live trading going. You mention that we, the personal live Algo people, are wanting more and more features. I'm here to say that what you have built is perfect. I don't care for any more features, I just want my algorithm to run. I understand there is cost of maintaining a server, but doesn't the community growing together provide you with a diverse set of skills, and more contest entries? My knowledge and skill with quantitative finance and programming is nowhere near the experts on this site. I stand no chance to win a contest and allocation anytime soon... So perhaps I am a leach to your servers? But I aspire to grow my skills to hopefully win a contest one day. However, given that likelihood, it is not cost effective of my time to use your system, if I am unable to run an Algo with my own assets as I grow my skill. (It has been secondary income for me)

I do hope you will reconsider leaving Quantopian the way it is, but if not, please give us longer than September 29th.

Sincerely,
Addison

4 responses

...I forgot to mention in my email reply, that I would be willing to pay a subscription to maintain the ability to live trade.

Completely agree with your frustration. And I also agree that I would be willing to pay a subscription, I just posted the same thing to Fawce's post: https://www.quantopian.com/posts/phasing-out-brokerage-integrations

I'd like to pay for the service too rather than see it shut down.

It's really a very bad news that Q are going to shutdown the live trading!

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The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian.

In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.