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MB Trading Futures - Introduction

  • #9,121
  • Mar 11, 2012 7:41pm Mar 11, 2012 7:41pm
3 1/2 hours and 46 pips later, I can finally trade. Glad it was only the demo, or my blood pressure might have gone off the charts.

Quoting Macinvestor
The market has been open for 2 hours, I have restarted Desktop Pro several times, and still can't trade - "Order rejected for reason: new GTC during suspend not permissioned." When I check the alerts, all three servers are up and ready (perm, quote and order). Anyone else having this problem?
  • #9,122
  • Mar 11, 2012 8:02pm Mar 11, 2012 8:02pm
Quoting Macinvestor
3 1/2 hours and 46 pips later, I can finally trade. Glad it was only the demo, or my blood pressure might have gone off the charts.
demo
  • #9,123
  • Mar 11, 2012 8:06pm Mar 11, 2012 8:06pm
Well, did you have any problems with demo or live? No one has responded yet.


Quoting PoundTrader
demo
  • #9,124
  • Mar 11, 2012 9:53pm Mar 11, 2012 9:53pm
Quoting Macinvestor
Well, did you have any problems with demo or live? No one has responded yet.
No issues on Live. Demo is sometimes late coming up. They worry about the real money first.
  • #9,125
  • Mar 11, 2012 10:12pm Mar 11, 2012 10:12pm
Thanks. What time (ET) were you able to trade live? When I trade live, I never get to play the weekend gap. Haven't traded live in a while. Have they allowed Sunday trading beginning around 5:00 ET yet?


Quoting IndyTrader
No issues on Live. Demo is sometimes late coming up. They worry about the real money first.
  • #9,126
  • Mar 11, 2012 11:58pm Mar 11, 2012 11:58pm
I have serious issues using an Iphone app, MBT Mobile: for quite a while no updates fixed this for me. I am able to view and navigate around the app, but I cannot edit/cancel live orders. When I try to click on them, the window that is apparently supposed to pop up with option dialog is off the screen (I can see the corner of it when I navigate around the app). Rarely I was able to edit/cancel.

Thanks for any input.
  • #9,127
  • Mar 12, 2012 3:01am Mar 12, 2012 3:01am
Hi,

Have been trying to contact MB Trading but unsuccessful. Chat room automatically changed to "leave a msg" and no email or anything given (the comment box does not allow attachment).

I have noticed some very strange move on MB Trading and would appreciate if MB Trading can explain why such extreme moves only present in MBT but not on other brokers. Details are attached.

Thank you.

PS.
1. AUD/JPY 1hr 20/2/2012
2. NZD/USD 1hr 30/11/2011
3. NZD/USD 1hr 15/9/2011
4. EUR/USD 4hr 25/12/2012
Attached Image(s) (click to enlarge)
Click to Enlarge Name: MBT Funny move 1.png Size: 44 KB
Click to Enlarge Name: MBT Funny move 2.jpg Size: 318 KB
Click to Enlarge Name: MBT Funny move 3.jpg Size: 431 KB
Click to Enlarge Name: MBT Funny move 4.png Size: 146 KB
  • #9,128
  • Mar 12, 2012 8:43am Mar 12, 2012 8:43am
Quoting Micron
Hi,

Have been trying to contact MB Trading but unsuccessful. Chat room automatically changed to "leave a msg" and no email or anything given (the comment box does not allow attachment).

I have noticed some very strange move on MB Trading and would appreciate if MB Trading can explain why such extreme moves only present in MBT but not on other brokers. Details are attached.

Thank you.

PS.
1. AUD/JPY 1hr 20/2/2012
2. NZD/USD 1hr 30/11/2011
3. NZD/USD 1hr 15/9/2011
4. EUR/USD 4hr 25/12/2012
My guess is bad ticks at rollover. You won't get filled on these bad ticks as order server is offline. Search forum, it's all here. As for spread, some times it's better, some times it's worse...at least it doesn't blow out to 10+ on news...fact is, you get what you get, nobody is perfect, MBT included. Try them all, pick the best...Done.
  • #9,129
  • Mar 12, 2012 12:32pm Mar 12, 2012 12:32pm
Quoting Macinvestor
Thanks. What time (ET) were you able to trade live? When I trade live, I never get to play the weekend gap. Haven't traded live in a while. Have they allowed Sunday trading beginning around 5:00 ET yet?
I've always been able to trade within 5 minutes or so of that time.
  • #9,130
  • Mar 13, 2012 11:12am Mar 13, 2012 11:12am
hi,
its possible to trade XAG/USD via MT4 i have demo and there isnt spot gold and silver when i start MBT deskot i find this instrument but i cant place order order was reejectet. Its possible to trade this via MBT europe division
  • #9,131
  • Mar 13, 2012 11:39am Mar 13, 2012 11:39am
Quoting Obelixtrader
hi,
its possible to trade XAG/USD via MT4 i have demo and there isnt spot gold and silver when i start MBT deskot i find this instrument but i cant place order order was reejectet. Its possible to trade this via MBT europe division
Obelixtrader,

We are in the process of finalizing the testing for the Spot Gold and Silver through our UK division, and will inform all clients when it is available. I can't provide you with an ETA, but the wait shouldn't be much longer.
  • #9,132
  • Mar 14, 2012 10:56am Mar 14, 2012 10:56am
Hi everybody,
It's me only, or MBT has again the datafeed problems,
very strange spikes (both ticks & minute datas) till 1.3000 EU, this morning and now about 16:12 (GMT)
  • #9,133
  • Mar 14, 2012 11:30am Mar 14, 2012 11:30am
Quoting tomlee
Hi everybody,
It's me only, or MBT has again the datafeed problems,
very strange spikes (both ticks & minute datas) till 1.3000 EU, this morning and now about 16:12 (GMT)

No I am seeing them on my chart too. The other broker I use does not have these spikes. I don't know what is going on over at MB Trading but this is ludicrous. No point in having any stops because the spike will kill you.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 62 KB
We're all stories in the end. Just try to make it a good one.
  • #9,134
  • Mar 14, 2012 11:45am Mar 14, 2012 11:45am
Quoting tomlee
Hi everybody,
It's me only, or MBT has again the datafeed problems,
very strange spikes (both ticks & minute datas) till 1.3000 EU, this morning and now about 16:12 (GMT)
Not just you; had the same thing myself. Unfortunately I had a trailing stop that executed on one of the spikes...not happy about it.
  • #9,135
  • Mar 14, 2012 12:55pm Mar 14, 2012 12:55pm
Quoting BroncoCap
Have you contacted MBT? It is obviously an erroneous print (I too checked other data providers and determined it to be erroneous) and those who take the effort to contact them will likely be returned whole, whereas those that only post on the boards won't be.

Remember--MBT is basically at the mercy of their LP's. A bad print by an LP is transmitted through the MBT system. And given traders' desire for 'unaltered/unfiltered' data, it is up to MBT whether to filter these bad prints and lose that 'unfiltered' claim or pass them through and...
I didn't for the reasons you indicated. The damage was minimal as it only cost me a couple of pips. The only reason I was annoyed is because my physical connection has been somewhat buggy as of late, so I've become more dependent on their stop products in such a volatile environment. The erroneous execution just didn't inspire a lot of confidence.

That said, I think you're right in that if the consequences were of significance, they would make the effort to make the trade whole. Guess shit happens.
  • #9,136
  • Mar 14, 2012 1:12pm Mar 14, 2012 1:12pm
Quoting Traderji
No I am seeing them on my chart too. The other broker I use does not have these spikes. I don't know what is going on over at MB Trading but this is ludicrous. No point in having any stops because the spike will kill you.
Traderji,

The spikes you're referring to occur occasionally during rollover, while we settle end of day with our banking partners and would not trigger or execute any trades.
  • #9,137
  • Mar 14, 2012 1:13pm Mar 14, 2012 1:13pm
Quoting cts022
Not just you; had the same thing myself. Unfortunately I had a trailing stop that executed on one of the spikes...not happy about it.
ct2022,

Spikes during rollover don't trigger trades. Could you please send me your account number and trade number in private so we can take a closer look?
  • #9,138
  • Mar 14, 2012 1:16pm Mar 14, 2012 1:16pm
Quoting jleblang
Traderji,

The spikes you're referring to occur occasionally during rollover, while we settle end of day with our banking partners and would not trigger or execute any trades.
Justin,
In this case, this was not a rollover spike. At 11:11-11:12EST, MBT EURUSD spiked down to 1.30000 whereas all my other feeds only show a low of ~1.30300.

See Screenshots and NOTE: Reloading new MBT EURUSD chart on separate computer does not show spike...yikes!!!
Attached Image (click to enlarge)
Click to Enlarge Name: EUR.jpg Size: 226 KB
Attached Image
  • #9,139
  • Mar 14, 2012 1:30pm Mar 14, 2012 1:30pm
Quoting jleblang
Traderji,

The spikes you're referring to occur occasionally during rollover, while we settle end of day with our banking partners and would not trigger or execute any trades.

That is completely false. The spikes did not occur during rollover. My screenshot was from a 5min chart (local time is Australia). The first spike was during the middle of the Tokyo session and the second spike was in the middle of the New York session. Neither of those times are rollover times, are they?
We're all stories in the end. Just try to make it a good one.
  • #9,140
  • Mar 14, 2012 1:31pm Mar 14, 2012 1:31pm
Quoting BroncoCap
See Screenshots and NOTE: Reloading new MBT EURUSD chart on separate computer does not show spike...yikes!!!

Yup same here on my computer. Looks like they have retroactively cleaned out any evidence so obviously they must know the timestamps of the spike events. And yet Justin here is telling us that it happened during rollover...
We're all stories in the end. Just try to make it a good one.
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