Currency conversions on commissions

[jbesada]

Hello,


I am testing my strategy on IB. Comparing IB report and NT, there are significant different in P&L results.
I guess it is due to currency conversions on commissions. NT is displaying results using € but without make properly conversions with commissions.
Is there any way to fix it?

Regards

[NinjaTrader_Bertrand]

jbesada, which contracts / exchanges are you trading here on with IB connected to NT?

[jbesada]

Forex and CME FX futures.

[NinjaTrader_Bertrand]

Thanks jbesada, you're correct NT would not convert those to the Euro currency your system runs into. This is on our feedback list for future consideration and I've just added your vote / request in here as well.

[jbesada]

OK, is there any way to change NT to use USD so no conversions are needed?

[NinjaTrader_Bertrand]

NT will use the local currency symbol of your machine, so if you're on a European setup > it would use Euro as currency sign, the value you see is in USD though.

[jbesada]

Can I force NT to use USD despite the local configuration?

[NinjaTrader_Bertrand]

No, you would need to change the locale on your OS to make that happen.

[jbesada]

OK, I have changed my local currency but P&L continues wrong.
Please, see Trade information on attached figure.
NT P&L says 5.47$ but I have no idea how this figure is calculated.
From the Trade information it must be 125000*(1.2931-1.29295)-6.25=12.5$
IB P&L say 12.5$ also, so all data match except P&L from NT.
What is wrong now? Can it be a rounding problem?

Regards

[NinjaTrader_Bertrand]

jbesada, it could be due to working on a paper account here, those can easily get out of sync, since IB updates those about every 3 minutes approximately.

[jbesada]

But NT continue saying 5.47$ yet, it doesn’t look like a synchronization problem. And information on NT trade an execution data seems to be right so NT has the right values…

[NinjaTrader_Bertrand]

What are you exactly comparing? The DOM / CharTrader / Positions tab info would be coming directly from IB TWS, so the sync could play a role.

[jbesada]

I am comparing Realized P&L on Strategies tab vs Realized P&L on IB.