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Angela Duran

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Posts: 168

Joined: 10/11/2012
Location: Nirvana Systems

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Subject : RE: Questions Regarding GXT Transition to Gar Wood
Posted : 7/27/2016 2:02 PM
Post #36067 - In reply to #36062
Originally written by sfox1988 on 7/27/2016 11:39 AM

Angela,

Saw your reply after I posted my last response. So, if Nirvana has implemented a FIX server, why is it necessary to transition existing IB accounts to Gar Wood to use server-mode TP?

[Update: After thinking about this for a minute... I'm guessing that a FIX server submits trades to IB under its own credentials for the benefit of any accounts for which it is the broker-dealer of record. Since Nirvana is not a broker-dealer you are doing this as an extension of Gar Wood? (or something like that?)]

Yes, Gar Wood is stepping into Transcends roll. And, we all get the bonus of continuing to work with the brokers you know at Transcend who are making the move along with the merger.

Steve



Deleting message 36067 : RE: Questions Regarding GXT Transition to Gar Wood


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