Difference between revisions of "Why Accounts in IB TWS Are Constantly Switching?"

From MultiCharts
Jump to navigation Jump to search
Line 1: Line 1:
Interactive Brokers has specific types of account, such as:
+
Interactive Brokers has specific types of accounts, such as:
 
* '''Financial Advisor account (FA)'''
 
* '''Financial Advisor account (FA)'''
 
* '''Master account'''
 
* '''Master account'''
 
* '''Friends and Family account'''
 
* '''Friends and Family account'''
The distinguished feature of those accounts is the presence of subaccounts. Customers with '''FA''', or '''Master''', or '''Friends and Family''' accounts may notice that when MultiCharts is connected to IB data source/broker with such account type, all subaccounts are constantly changing in IB TWS. There is a reason for this. '''FA'''/'''Master'''/'''Friends and Family''' account doesn't allow any 3rd party software to access all subaccounts at the same time to get updated information about account balance, open market positions, active orders and so on. That is why MultiCharts has to switch them constantly in IB TWS to update info on all accounts.
+
The distinguishing feature of those accounts is the presence of subaccounts. Customers with '''FA''', or '''Master''', or '''Friends and Family''' accounts may notice that when MultiCharts is connected to IB data source/broker with such an account type, all subaccounts are constantly changing in IB TWS. There is a reason for this. '''FA'''/'''Master'''/'''Friends and Family''' accounts does allow any 3rd party software to access all subaccounts at the same time to get updated account balance information, open market positions, active orders and so on. That is why MultiCharts has to constantly switch them in IB TWS to update the info in all accounts.
 
<div style="background-color: #E3FBE5;">'''Note''': This doesn't affect data feed. </div>
 
<div style="background-color: #E3FBE5;">'''Note''': This doesn't affect data feed. </div>
<div style="background-color: #E3FBE5;">'''Note''': Old versions of MultiCharts may have an issue showing similar behavior '''without''' '''FA''' or '''Master''' account connected. Update your MultiCharts at least to version 8 to fix the issue..</div>
+
<div style="background-color: #E3FBE5;">'''Note''': Old versions of MultiCharts may have an issue showing similar behavior '''without''' '''FA''' or '''Master''' account connected. Update your MultiCharts to at least version 8 to fix the issue..</div>
  
  
 
== How to disable switching of accounts in IB TWS==
 
== How to disable switching of accounts in IB TWS==
 
# Run only IB TWS.
 
# Run only IB TWS.
# Click on '''Configure''' in main TWS window.
+
# Click on '''Configure''' in the main TWS window.
# Click on '''Messages''' section.
+
# Click the '''Messages''' section.
 
# Click on '''Disable All.'''
 
# Click on '''Disable All.'''
 
# Run MultiCharts.
 
# Run MultiCharts.

Revision as of 14:32, 11 June 2014

Interactive Brokers has specific types of accounts, such as:

  • Financial Advisor account (FA)
  • Master account
  • Friends and Family account

The distinguishing feature of those accounts is the presence of subaccounts. Customers with FA, or Master, or Friends and Family accounts may notice that when MultiCharts is connected to IB data source/broker with such an account type, all subaccounts are constantly changing in IB TWS. There is a reason for this. FA/Master/Friends and Family accounts does allow any 3rd party software to access all subaccounts at the same time to get updated account balance information, open market positions, active orders and so on. That is why MultiCharts has to constantly switch them in IB TWS to update the info in all accounts.

Note: This doesn't affect data feed.
Note: Old versions of MultiCharts may have an issue showing similar behavior without FA or Master account connected. Update your MultiCharts to at least version 8 to fix the issue..


How to disable switching of accounts in IB TWS

  1. Run only IB TWS.
  2. Click on Configure in the main TWS window.
  3. Click the Messages section.
  4. Click on Disable All.
  5. Run MultiCharts.
  6. Connect your Interactive Brokers Broker Profile.
  7. A message from IB TWS should pop up. Check the box Rememeber my decision and click on No.