This tool provides real-time streaming quotes to a trading platform.
BXL is real-time streaming quotes interface for Interactive Brokers Trader Workstation and Microsoft Excel. When installed standalone, the Interactive Brokers Trader Workstation (TWS) provides IBXL with online access to all market data feeds. These feeds are available at Interactive Brokers based on the subscription plan of the user. Interactive Brokers caters to online trading of options, futures, Forex, stocks, and bonds that happens in 70 stock markets over the world. The quotes data is downloaded into Excel spreadsheets and graphs and charts are easily constructed by the tool. It is possible to build charts, calculate technical analysis functions, create trading systemsí The data as updated on the spreadsheets tick-by tick can use the Excel analysis functions to create trading aids as needed by the trader. Real-time quotes analysis and data visualization becomes quite simple.
To get a sense of how the software works you can download and view sample Excel workbook illustrating the data for ALL types of securities (stocks, futures contracts, Forex rates and options) using IBXL. Direct access trade execution and clearance services from the Interactive Brokers is available to individuals, advisors, institutions, and brokers at discounted commissions and allows trading in stocks, options, futures, Forex, and bonds from a single IB Universal account. The interface is intuitive and should be easy to operate for people active in trading. This is a very good product. If you are looking for a similar solution, this is a good candidate for a trial in your exact set up.