Re: How to access L2 Options Data with ib_insync? Or with other tools? Logs included
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No that¡¯s not right. To use market data, your account balance only needs to be a small amount, about ?300 GBP ¨C way below what you¡¯d need to trade anything. This is written up somewhere in the IBKR documentation, just go and search. ? Richard ? ?
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From: [email protected] <[email protected]> On Behalf Of Gordon Eldest via groups.io
Sent: Thursday, January 4, 2024 3:12 PM
To: [email protected]
Subject: Re: [TWS API] How to access L2 Options Data with ib_insync? Or with other tools? Logs included? On Wed, Jan 3, 2024 at 09:25 AM, <emskaplann@...> wrote: looks like im not subscribed but I did subscribe and when I clicked on take me to subscription page it selected the same option that I already selected earlier. Also one thing is that I don't have any money in the account just opened new, and this data is not free so maybe they dont let you access until you have some money in the account?
You raised a valid concern about a reason it may not work. Real-Time is not free.
This is an issue to be seen with IBKR.
As far as I remember:
You not only need cash on your account, but you may need at least 25000 USD to allow real-time data to flow trough. (otherwise you may access 15 min delay quotes only)
In case you wonder this is fair because IB pay for it,? and other feeds, for only US exchanges for RT L2? charge at least 200$/month
while IBKR can give you a small interest on your cash deposit in the odd case you don't trade it.
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