Hi All, So I want to check if securities are available for short in my algo on IB. So i'm doing a pair trade where I need to short both securities at the same time. If 1 of then isn't able to be shorted, then I need to not trade.
Is there a way to check if the securities are shortable in QC? In the past, when I worked directly with the IB API I would place small orders way outside the bid/ask and wait for the response from the API to tell me if the share were available to short or not. Not sure how this is usually handled on QC. Thanks!
Ahmet Demirel
Interactive Brokers API offers new shortable shares tick
A new ShortableShares tick returns the exact number of shares available to short.
https://interactivebrokers.github.io/tws-api/tick_types.html
TickName = shortable
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Jared Broad
Thanks @Ahmet not at this time. The IB shortable-list is for a point in time (now), we'd need to gather that list for years to make it useful.
Realistically we'll need to find a data vendor who's been gathering this information which we can import. If we add this feature in the future we'll announce it to the forums.Â
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The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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