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Steve2

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Subject : RE: Questions Regarding GXT Transition to Gar Wood
Posted : 7/27/2016 11:34 AM
Post #36061 - In reply to #36058

Angela,

Just want to make sure I understand what you said.

1. Nirvana is not implementing a FIX server but is using Gar Wood's FIX server. So, the server-mode TP will connect to IB via the Gar Wood FIX server.

2. In order for existing IB customers to use the server-mode TP they will need to transition their exiting IB account(s) to Gar Wood.

So, I have two more questions.

Q1. For existing IB customers, are there any changes in commissions, transaction fees, margin interest rates, etc when an existing account is transitioned to Gar Wood? I'm wondering how Gar Wood makes any money on this unless they have some commission sharing arrangement with IB.

Q2. Will the stand-alone TP continue to be supported?

Thanks,
Steve
Deleting message 36061 : RE: Questions Regarding GXT Transition to Gar Wood


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