OmniVest Forum : Questions on Using the Trade Processor : MB Trading Related Issues

You are currently browsing as a guest.
You should logon to access more features

A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.

[Random Quote] -

Current location		Thread information
OmniVest User Forums Questions on Using the Trade Processor MB Trading Related Issues		Last Activity 7/17/2018 6:22 PM 18 replies, 2842 viewings

Jump to page : 1
Now viewing page 1 [25 messages per page]

< Previous Thread :: Next Thread >

Printer friendly version

^ Top

Ryan Olson

Member

Posts: 35

Joined: 10/11/2012
Location: Austin,TX

User Profile

Subject : MB Trading Related Issues
Posted : 11/5/2012 9:02 AM
Post #21856

Please use this forum to post problems you are seeing with MB Trading.

^ Top

Ryan Olson

Member

Posts: 35

Joined: 10/11/2012
Location: Austin,TX

User Profile

Subject : Creating your MBTrading Demo Account
Posted : 11/5/2012 9:59 AM
Post #21868 - In reply to #21856

How do I set up an MB Trading Demo Account?

Visit www.MBTrading.com you will create the Universal Account Login.

To begin this process you will click on Getting Started Now and then Universal Account Log in.

From the Setup Your MB Trading Access you will need to make a choice about your account type.

Forex or Equities / Options / Futures. Select Equities.

You will then choose to either Open a Live Trading Account or Open a Practice/Demo Account.

You will then start the account creation of your Login by entering your name and email address. Once entered, click on Setup Your Access Now.

Enter your personal information and then click Activate My Account.

Once this information has been submitted you will receive an email that will allow you to complete the login process.

You will click on the Green Complete Login Process button which will take you to the create Account Login page.

You will then create a username and password for the MB Trading website and software. You will also need to create a 4 digit pin number and answer a few security questions.

MBTrading has also put together a YouTube video showing these steps.

http://www.youtube.com/watch?v=p6Z9d-TKIL0&feature=bf_prev&list=PLC69D2B5C67486183

^ Top

Steve Mayo

Legend

Posts: 414

Joined: 10/11/2012
Location: Austin, TX

User Profile

Subject : RE: Creating your MBTrading Demo Account
Posted : 11/5/2012 10:09 AM
Post #21871 - In reply to #21868

FYI - Looks like the initial equity on the demo accounts is $30K. I didn't see a way to change it upon first creation.

^ Top

Steve Mayo

Legend

Posts: 414

Joined: 10/11/2012
Location: Austin, TX

User Profile

Subject : RE: Creating your MBTrading Demo Account
Posted : 11/5/2012 10:12 AM
Post #21872 - In reply to #21871

Also worth noting, MBT has an iPhone app that will show transaction history and account balance. It's a lot more convenient than their web interface. They have a nice trading platform too, but it you log-in to it, you will break the server connection for the TP.

^ Top

Matt B

Veteran

Posts: 105

Joined: 10/11/2012
Location: Austin

User Profile

Subject : RE: Creating your MBTrading Demo Account
Posted : 11/5/2012 10:17 AM
Post #21873 - In reply to #21872

Because we can't set the commission rate to anything but the default, it seems to be that all we are going to learn from this exercise is whether the TP is working correctly or not which is probably what we should expect from the Alpha release. We are working out any bugs in the TP. Whether the strategies within a portfolio are profitable or not is something else as the fixed cost per trade kills the incremental profits from the trades.

As an aside to MBT, whose cage at GXT needs to be rattled to get some of the changes made that have been asked for and semi-promised as coming soon for months?

^ Top

Ryan Olson

Member

Posts: 35

Joined: 10/11/2012
Location: Austin,TX

User Profile

Subject : RE: Creating your MBTrading Demo Account
Posted : 11/5/2012 11:46 AM
Post #21879 - In reply to #21873

Originally written by 142943 on 11/5/2012 10:17 AM

Because we can't set the commission rate to anything but the default, it seems to be that all we are going to learn from this exercise is whether the TP is working correctly or not which is probably what we should expect from the Alpha release. We are working out any bugs in the TP. Whether the strategies within a portfolio are profitable or not is something else as the fixed cost per trade kills the incremental profits from the trades.

As an aside to MBT, whose cage at GXT needs to be rattled to get some of the changes made that have been asked for and semi-promised as coming soon for months?

Matt - I have just spoken to Vincent over at the MB Traders help desk and he has told me that there is no way to change the commission structure in Demo accounts. He also noted that if funds run out you can reset the demo account by logging in to their website.

I know that our brokerage development team has been working on improvements to the GXTrader platform.

^ Top

Matt B

Veteran

Posts: 105

Joined: 10/11/2012
Location: Austin

User Profile

Subject : RE: Creating your MBTrading Demo Account
Posted : 11/5/2012 12:21 PM
Post #21881 - In reply to #21879

Thanks for the update Ryan.

Lots of irons in the fire.

Matt

^ Top

kmcintyre

Elite

Posts: 890

Joined: 10/11/2012
Location: Portland, OR

User Profile

Subject : RE: Creating your MBTrading Demo Account
Posted : 1/14/2013 12:34 PM
Post #22890 - In reply to #21881

Are there any settings required to enable an API or socket level access? (As I recall with the IB TWS settings...)

I can log into the MBT Desktop and place trades.

TP fails trying to connect to MBT. The username and password entered into the TP Connection Settings dialog appear to be correct.

Thanks

^ Top

Barry Cohen

Icon

Posts: 1844

Joined: 10/11/2012

User Profile

Subject : RE: Creating your MBTrading Demo Account
Posted : 1/14/2013 12:38 PM
Post #22891 - In reply to #22890

For MB there are no additional API settings. Just make sure MB is the same version that the latest OT needs, v11.8.0.43, that your id & PW are correct, & that the MB Navigator is not running when you open the TP.

^ Top

kmcintyre

Elite

Posts: 890

Joined: 10/11/2012
Location: Portland, OR

User Profile

Subject : RE: Creating your MBTrading Demo Account
Posted : 1/14/2013 1:02 PM
Post #22896 - In reply to #22891

MBT Desktop == MB Navigator?

MBT Desktop should NOT BE RUNNING. (The opposite from IB TWS...)

Still no luck but I'll keep trying stuff.

^ Top

kmcintyre

Elite

Posts: 890

Joined: 10/11/2012
Location: Portland, OR

User Profile

Subject : RE: Creating your MBTrading Demo Account
Posted : 1/14/2013 1:07 PM
Post #22897 - In reply to #22896

Success. Thanks Barry.

^ Top

Barry Cohen

Icon

Posts: 1844

Joined: 10/11/2012

User Profile

Subject : RE: Creating your MBTrading Demo Account
Posted : 1/14/2013 1:13 PM
Post #22899 - In reply to #22897

Yes, MB Navigator/Desktop. Glad you got it now. We need to add something that tells the user to close MB first if the TP starts & it's open.

^ Top

John W

Elite

Posts: 654

Joined: 10/11/2012
Location: Sydney, NSW, Australia

User Profile

Subject : RE: MB Trading Related Issues
Posted : 8/24/2014 3:54 PM
Post #32771 - In reply to #21856

Ryan, I have 3 GX accounts and 1 MB account. Well before market open almost every day the 3 GX accounts have 3 blue computer screen logos, but the MB account invariably has 2 blue and 1 red cross.

Hovering over the cross gives a message "You are disconnected from the data server".

By market open it seems to go to 3 blue and the trades process correctly, but I just keep wondering if everything is OK and should I restart the TP or is there some other action that I should take?

[Edited by John W on 8/24/2014 3:56 PM]

Attached file : MB Disconnect.png (4KB - 604 downloads)

^ Top

Barry Cohen

Icon

Posts: 1844

Joined: 10/11/2012

User Profile

Subject : RE: MB Trading Related Issues
Posted : 8/25/2014 12:15 PM
Post #32779 - In reply to #32771

MB shuts down their servers for maintenance every day at different times. It's pretty normal.

^ Top

John W

Elite

Posts: 654

Joined: 10/11/2012
Location: Sydney, NSW, Australia

User Profile

Subject : RE: MB Trading Related Issues
Posted : 9/21/2015 8:04 AM
Post #35509 - In reply to #32779

I have a big red "X" in the Trade Processor on the Server in Account "MB". There is 30 mins to market open, seems this would not normally be a maintenance period. Could you check please?

^ Top

Barry Cohen

Icon

Posts: 1844

Joined: 10/11/2012

User Profile

Subject : RE: MB Trading Related Issues
Posted : 9/21/2015 9:50 AM
Post #35510 - In reply to #35509

John, it's a global issue. We're working with MB's dev team to resolve it. TPs will still trade without a data connection though since the trade information comes from OmniVest.

^ Top

John W

Elite

Posts: 654

Joined: 10/11/2012
Location: Sydney, NSW, Australia

User Profile

Subject : RE: MB Trading Related Issues
Posted : 9/21/2015 3:06 PM
Post #35511 - In reply to #35510

Barry, thank you for your prompt reply. John

^ Top

John W

Elite

Posts: 654

Joined: 10/11/2012
Location: Sydney, NSW, Australia

User Profile

Subject : RE: MB Trading Related Issues
Posted : 1/31/2016 5:16 PM
Post #35662 - In reply to #35510

Hi Barry, All my MB trades on the web based TP went to "Unmanaged" over the weekend.

Is there a fix coming soon to allow unmanaged web trades to be resynchronised in the same manner as the PC based TP is able to resync unmanaged trades?

^ Top

Barry Cohen

Icon

Posts: 1844

Joined: 10/11/2012

User Profile

Subject : RE: MB Trading Related Issues
Posted : 2/1/2016 5:18 PM
Post #35669 - In reply to #35662

It may be caused by the connection issues that Trade King had over the weekend up until today, not sure. I'll look into it.

I'm still waiting for the synch options to be added. I don't know when they will be. In the meantime keep a desktop version of the TP installed for when you need to synch. The website & the desktop TP will both work & connect to the same server TP.

Jump to page : 1
Now viewing page 1 [25 messages per page]

< Previous Thread :: Next Thread >

Legend			Action		Notification
Administrator Forum Moderator	Registered User Unregistered User		E-Mail this thread to a friend		Toggle e-mail notification

For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.