Hi all, I'm having a bit of confusion regarding the limitations of live trade implementation. I understand that the paper trading is traded on a 15 minute data delay, but is this also true for live algo's trading real money?
Thanks in advance!
Hello Ethan,
Trading with real money is effectively instantaneous; the 15 minute delay for paper trading is not applied.
Grant
Hi Ethan,
There are two modes of live trading on the platform:
Broker: You can connect your Interactive Brokers real money and/or paper account to your algorithm. You can add the details in your trading profile and then can connect your algo to the IB account. The data is provided minutely to the algo. When your algo executes an order, it's immediately sent to IB and they fill it. The updated fill is reflected in your dashboard in the next minute bar. If you need a hand getting setup, here's a quick 3 minute video overview. In this mode, the algorithm receives data during regular market hours, between 9:30AM- 4:00PM ET.
Quantopian: If you don't have an IB account, you can still paper trade your algorithm. We provide a 15 minute delayed data feed, for free, to simulate your algo in today's market. The Quantopian Open entries are collecting live trading data in this mode. These simulated algos receive delayed data and run from 9:45AM - 4:15PM ET.
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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.