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A comment on Ask HN: Anyone making money through algorithmic trading?. Parent comment

Re:Ask HN: Anyone making money through algorithmic trading? by arisAlexis on Wednesday April 25, 2018 @07:31PM (#16927405)
do you think IB would close an account for algo trading? I have bad experience with sportsbooks
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Re:Ask HN: Anyone making money through algorithmic trading? by admiralg on Wednesday April 25, 2018 @08:03PM (#16927611)
no, we support it, there's an api that you can use. Brokerages live off of volume.
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Re:Ask HN: Anyone making money through algorithmic trading? by QuackingJimbo on Wednesday April 25, 2018 @11:35PM (#16928594)
IB and sportsbooks are completely different

IB charges you a fee and then matches your trade with someone else. After this trade happens, IB no longer carries any risk

Sportsbooks charge you a fee and then take the other side of your bet themselves

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