The pipeline API is now available for use in real money trading. Algorithms using the pipeline API can now be connected to your Robinhood account or your Interactive Brokers account (both real money and paper). The pipeline API brings many key new capabilities to your real money trading. With it you can rank equities using a variety of data: pricing, fundamental and many of our partner data sources such as news sentiment, social media sentiment, earnings estimates, earnings calendars and more.
Any changes to real-money trading platform are carefully tested before we make them available. We have watched pipeline algorithms and monitored their performance in Quantopian paper trading over the past several months and have decided to open the gates and allow real money trading as well.
There is one limitation: There are 20 fundamental data fields that are not supported in live trading with pipeline because they are not properly adjusted. The pipeline API uses data that is both split and dividend adjusted (explained in detail here.) The fundamental data fields are not adjusted for splits and dividends. Our concern is that algorithms would be making decisions based on a combination of adjusted and unadjusted data, and those decisions could have unexpected results. For this reason we have restricted the fields listed below from being used in pipeline real money trading. Your algo will raise an exception and crash in real money trading if it uses these fields, however you can continue to use them in backtesting and zipline paper trading.
We're making pipeline real-money trading available today with this limitation because we didn't didn't want to hold up the entire API because of just these fields. In the future, we will adjust the fundamentals fields with splits and dividends so that they can be used in real money trading. We will post an update when they are adjusted and ready.