Originally written by sfox1988 on 7/27/2016 11:34 AM

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.

Nirvana is implementing a FIX Server that will connect directly to IB. Gar Wood will be the broker you contact for service related issues - executions or account related.

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.

Yes, only IB accounts that are linked to Gar Wood will be able to go through our FIX server.

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.

We will be posting information on the commission structure very soon. It will be comparable.

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

Yes, the standalone TP will still be available and supported for existing IB accounts and any that cannot go through FIX.

Thanks,
Steve