I am experiencing for two months now a problem with Live Trading through IB, any algorithm I try to run in Paper or Live trading is failed, due to "Unknown problem".
Is anyone else experiencing this frustrating condition?
is your algorithm set up correctly for live trading with IB? You won't get many helpful responses without attaching a backest example of an algorithm that doesn't work for you so people can diagnose it
We have had a series of bugs with Interactive Brokers' client software. One of the frustrating bugs is that some people can't log into IB. Our frontend reports that to the trader as "Unknown error", though the underlying error is actually quite well known to us now.
IB has fixed that bug with a new release of the client software, but the new release has an even worse bug - it periodically fails to report order fills, and the trading algorithm is put in the dangerous situation of not knowing what its current holdings are.
The first bug stinks, but it is a safe and well-understood failure mode; the second bug is unsafe. We are continuing to use client version with the authentication bug. We know that this is a frustrating situation, but we don't have a solution available to us. We just have to wait for a new client version from IB that has both fixes in it.
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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.