How are things coming along with live trading through Interactive Brokers (IB)? Have any algorithms been launched with real money? What's been learned, in terms of the mechanics of the algorithm (e.g. controls/limits, timing/slippage, costs, monitoring/notifications, etc.)?
Also, if there are live Quantopian algorithms running with IB, perhaps someone would be willing to provide details (e.g. type of algorithm, capital, frequency of trading, etc.).
There's nothing much to report at this point. Things are progressing fine. We knew back in May that our IB integration and other live trading elements needed to be more robust, and that's been a lot of the focus so far.
As for the actual trading experience, I expect we'll convince someone to talk about it, but I haven't even tried yet. I'd like to have some improvements to the user experience released, particularly around the IB integration experience, before we talk about that.
It will be several more weeks before I have a meaningful update.
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Thanks Dan,
I'm kinda curious how it works. Do you have diagrams of what goes on at Quantopian and IB? Is it actually minute-level real-time trading?
Grant
Hi Dan,
It's been "several more weeks" so I thought I'd follow up...
It would be great to see a "soup-to-nuts" example of an potentially viable algorithm running live on Quantopian/IB. What was the origin of the idea for the algorithm? How was it developed and tested? How are the performance and risk metrics monitored?
Also, to follow up on my questions above, it'd be nice to have a better technical understanding of how the Quantopian/IB integration works (or is envisioned to work).
Grant
Hey Grant, I was searching through the community posts and came across this. Not sure if this discussion is still relevant but here's where I am at:
My experience on IB has been alright. I wish I could figure out how to incorporate borrowing rates into my algorithm and, if a stock or ETF doesn't have short availability, figure out how to incorporate that. Right now my make-shift fix is pretty clunky.
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.
