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I like this better than the current 10% rule. The current rule is if a stock moves 10% in 5 minutes it is immediately halted. Now with this rule the stock can trade for 15 seconds before it gets halted. The 5% only applies to the 1000 largest cap stocks and high volume ETFs. As a scalper I...

I think your first mistake is consulting elitetrader. If your legit and have 500k then pay a legitimate consultant.

It would have alerted Madoff's scam much sooner. He created false trading reports based on the returns that Madoff ordered for each customer. Having a consolidated audit database would have allowed the verification of those trade reports instantaneously with minimal resources. As it stands...

Your missing the point. The $ amount of fraud and manipulation in the market is trivial in comparison to the cost of the CAT. It is estimated that stock fraud alone amounts to $40billion annually. The CAT will drastically reduce that number.

Umm... Its an incomprehensible amount of data to store in real time.

Scam? As of now there is no method to detect and investigate suspicious market behavior and events. The manipulation and illegal activities that occur cost market participants well over $4 billion. And considering total stock market value is in the trillions the cost of this is trivial. The...

I read that too. They argue that liquidity in small cap stocks has dramatically diminished with decimal spreads. That bringing back fractions will incentivise market makers to come back to those stocks. They are conducting a study right now on the matter.

Completely agree. Spot on. A new trader will have a better chance of success at s true prop firm that has a training program, pairs you with a senior trader, and offers firm capital. These firms are very selective and offer 60/40 pay splits. They have high overhead and pass those costs on to...

WTS is legit. Been trading with them for 9 months now. There is a ton of positive feedback from traders who trade with them or a sub of them. Most of the negative posts are from posers who have never traded with them or traded prop in general. Or have a negative view on prop firms and take it...

To summarize better. All data feeds will come from the central market server. Exchanges would no longer be able to offer direct lines as they do now. They must send all data to the central market server. There is the attempt to minimize latency advantages between market participants since...

These proposals I have read from various sources over the last few weeks. There is the idea of requiring orders to post for 500 milliseconds until it can be canceled. I know that Nasdaq and DirectX will reduce rebates to the specific frim when on average they cancel 100 orders per 1 executed...

Concept is already in the works. Regulation will require a specified hold time for an Oder before a cancel is allowed. Also a fee for high order to cancel ratios. And loss of rebates to firms with excessive order to cancel ratios. Most head way is occurring in Europe right now. Once the...

Also Newsware API is one of the best and easiest to use. Comes with a complete programming guide and examples. Newsedge or Newsware are your best options. Both offer two week trials. Between $200-$400 a month depending on which news feeds you select.

$1800 a month cost. I've heard of that

They do offer API. Newsedge is a GUI displaying the news data. They have another program called NewsTrade API. That is what you are looking for. They are the best in the business in news accumulation at ultra low latency. Only other alternative is to subscribe to several feeds and accumulate...

Just heard MS still has gotten order confirmations from yesterday. I wonder how this is going to get spun. Blame the inadequate technology or HFT abusing order flashing, canceling and messaging.

Correct me if im wrong but it will work with NET 4.0 with the newest Sterling Vesion 7.5

The only impact elections have on the market are this... Republican vs Democrat policies... Health Care reform effects Capital Gains taxes effecting dividend funds and stocks Defense spending effects Your article missed these vital factors. Watch the swings in these sectors as...

Did anyone read the Active X pdf from sterling. They recommend using only VB6.0 over .NET languages due to inefficiencies. There is no way around it until they update their API. Quotes per sec will always be slower than VB6.0 regardless of language. You just have to run VB6.0 in a windows XP...

Using C# to accomplish this. Any tips would be appreciated.