I have been trying to put together a pros/cons list on both.
This is mainly what I've heard. If i'm not entirely sure I put a question market next to it.
If you have things to confirm/add/refute, please feel free to reply.
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PROS:
Lightspeed...
Hi I was wondering what people's experience, the more recent the better with Hold Brother's Gray Box platform
How is the execution for discretionary traders, including hot key setups etc... afaik there is no "demo" account for it.
In addition and as important, how is the API for Gray box?
thanks whiteout I will followup with them.
do you know if the $300 was for seeing realtime imbalance info?
Also do you know if there were a group of traders who wanted the feed if it would still be $300 a head? I guess I can just ask them about this but was wondering if you knew.
also let's say I want to pay the $5500 a month to get the feed...
I assume I then have to build an application on top of it to display the data, right?
I would also like to know this information.
$5500 is too much to consider it as an option.
However I am considering using lightspeed and although from what I can tell the Lightspeed platform doesn't have realtime imbalances. It may be available with an API account.
sspikey - What is the...
this could be a good place to check out. I personally haven't tried the Tradestation Link, but I know the guy working behind this and he does good work.
http://code.google.com/p/tradelink/
http://www.pracplay.com/products/tslink-1
Itrade2009 can you comment more on the legalities of this?
I get 100% payout and am a licensed prop trader, I never thought this was an issue. but I have heard the argument made by kovacs as well as others recently so I'm wondering what really is the truth.
Or is this actually a grey area...
yeah i replied to their email and have yet to get a response.
I told them that I was with a broker dealer but specified it was for personal use.
almostgotit- i pm'd you about this. check it out when you have a chance.
got this response from ICB, will followup and see what happens...
the nyse does have more info but not the best way for grabbing the data (plus only has nyse not nasdaq).
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Thank you for your interest in the Industry Classification Benchmark (ICB)...
almostgotit... lmk what u find, i'll do the same.
if icb is pricey and we can share the data maybe i can go halfsies on it with you. ;)
The icb website does say under 'product attributes':
"(1) Covers all securities classified by Dow Jones Indexes and FTSE. Includes index components...