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So the IB FIX interface buffers messages to ensure correct RX sequencing?

The graphs make sense to me. Where's the contradiction? Got the URL for that story? Interested to see what niche is allowing Flash monkeys to charge themselves out at $150 grand a year. I can get an expert Flash coder for about £30-35k without any problems. Hot techs provide short term...

This is so very true. Past the age of 35 you need to either be an expert in a niche area or making your way up the management ladder. If you are still a Senior Developer or Tech Architect when you hit 40 then you are in the shit really. Coding within the corporate world is a game for the young uns.

Swarm behaviour != random behaviour. This is a common misconception. Some are. Some aren't.

Well said. A point lost on so many on this site. Only rarely does the market clearly signal when a move is completely exhausted and about to reverse on a dime. And those occasions offer big quick wins if you are fast enough to get onboard. My analysis of market data reveals that, the...

FIX is just a protocol. How can it be stable or unstable? The implementation defines that. I would also appreciate it if you could explain to me why you think it is synchronous. Thanks

Define "true low latency". Any discussion regarding latency is pointless without numbers. For some 10ms is low enough as to be negligible, whilst for others it is an eternity. I know of a hedge fund that runs with just 3 technical support staff monitoring their algos 24/5 on 3 shifts and...

These are wise words BM but I suspect the majority will fail to appreciate them.

I know the NYSE specialists (or whatever they are called these days) used to run both the limit and stop order books for their symbols. Is that still the case? My knowledge of market structure on the stock exchanges is limited. Personally I just trade on Globex which doesn't expose stop...

Putting in a trap to detect sustained abnormally high freq order generation (which is indicative of an app locked in a loop) is really reeeeeeeally basic stuff. I am staggered...

Yep. Terminal Services. There are far more things to worry about in this business than people stealing your IP. Take the usual precautions to protect it and then forget about it. Reformat the drive if you are worried. When any company like Steadfast release a box the first thing they...

$200 per month If I was local I'd just rent the rack space and put my own box in but since I'm based in London I went for a dedicated Win2003 box with their basic management services. Forget about latency. You aren't playing in the microsecond HFT space so the latency for any box located...

Also can vouch for Steadfast. Reasonable prices for boxes/rack space in 350 E. Cermack. Latency to the Globex matching engines, which are located in the same building, is so low as to be negligible.

Really? When I spoke to the Merc about it a few months ago I was told that all benefits conferred by the ECM-W scheme would cease. Have you heard differently?

Sadly the ECM-W scheme you are refering to comes to an end in Dec 2010. Only the ECM-H scheme will continue into 2011.

As someone mentioned earlier, once the fractional reserve genie was let out the bottle this was only going to head one way. The banking system is screwed. Everyone knows it. But fixing it involves tearing the current financial system to pieces. And nobody is in a rush to do that. The show will...

IMHO anyone who runs software unmonitored is insane. The no. 1 rule about the markets is that anything can happen at any time. There will always be unforeseen scenarios against which the software has not been tested.

Why would I want to do that?

Good software developers are two a penny. Good software developers with in-depth knowledge of the markets are not. If you have the skills then you should be charging more. A lot more. I don't know where you are based but here in London the hedge funds expect to pay at least £1000 per day...

No. Sorry. I'm not looking for a trading partner and I do not want to take an investment in anyone else's strategy. Tell you what though, it's fairly obvious you don't have a sufficient budget to outsource this work but if you decide to undertake it yourself using .NET then I'll try to give...