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We use Quandl Steven's Futures to get the raw cleaned data and then construct continuous and backward-adjusted ourselves. Always been happy. Their free EOD futures works also well but it's not cleaned and sometimes there are holes, etc. so for 50$ a month you're better off with the Steven's...

Most guys involved with penny stocks blew up at some point. On the long side for obvious reasons, on the short side due to recalls and squeeze. Anyone saying otherwise is trying to sell you bullshit Tim Sykes blew up his hedge fund for that exact reason and never got real money from real...

Ok so... the below is how it works with my counterparties, might not apply to everyone's relationship: - if you sent an order and you received a confirmation, e.g. through CQG or another platform. then your broker is liable. They have the trade and just didn't allocate it. However... it is YOUR...

Not all-in, that's for clearing only. Some venues just don't negotiate their fees (e.g. FastMatch charges 5$ for matching, it's non negotiable), all-in-all we're usually around 10$ (and that's 1 way so if you buy and sell 1m$ you paid 20$). EUR/USD spread is about 0.1 pip and that's actual...

Hi folks, I am running an HFT strategy in FX and have an infrastructure that costed me quite a lot of money (and still costs a lot monthly). I'm making money net of all these expenses but am looking to potentially provide the structure and capital to other traders who need high-frequency (but...

I looked at this quite a bit and came to the conclusions that: 1) There are actually much less opportunities that you can see due to fairly high transaction cost 2) The quantities you can arbitrage are so small that even if you catch 100% of them, it wouldn't cover a full time quant salary, let...

The reason why we like IB is because they're overly cautious. Why don't you try to close your position instead of hedging it with an opposite direction trade ? Unless you are trading option, this is a pretty common way of trading.

What is your budget per hours ?

I'm bored of the "if he has money why not just trade his own money". Learn to do simple multiplications on 2% / 20% on 1 Bn$ and see if he can make more money with his own.

I work in a UK based hedge fund. A few points about UK financial statements at companies house: - They have to be audited so you can be fairly sure they are real and accurate. - A lot of management companies are setup as a LLP and have 1 corporate member which sometimes invoice the LLP for...

@Mtrader @Van_der_Voort_4 @algofy You guys should chill out. It doesn't matter who post here and whether I'm a fraud or not. I'm not selling anything, I'm giving you my 2 cents, you take it or not it won't change my life. There are many papers that are publicly available on executions /...

@Commodity_Trader You mean a market order of 7000 contracts? Sorry if this wasn't clear. When you get bigger sizes, you have to model your executions, you can't just go market orders. The way I calculate my slippage is I have a reference price generated by the trading logic (e.g. Buy market...

How much ? How often ? What execution algo ? What latency ? If all they say is "I have slippage after 10 contracts", I assume they're not serious about the way they trade, then talk sh*t they don't know about, then you guys listen to them. Additionally, when you see that you have 100 contracts...

I trade in clips of 10,000 lots. Any financial futures you will be able to manage without slippage, either using market orders (up to 500 lots) or using a little bit of execution logic. To model your execution system you need raw data which is pretty expensive though. Commos futures are much...

Ahhhh the good old days

https://www.quora.com/Algorithmic-trading-How-to-get-started-building-an-algorithmic-trading-system Google will get you more results.

Yes you should. But be prepared to have a high budget, nobody serious works for less than 250$ an hour in this industry and if you have to model visual stuff you can easily count 30-40 hours of work (5-10 if it's only indicator based and no need for visualisation). Alternatively you can learn...

Look at the spread between the two months (e.g. plot it on a chart), if you think it will get higher in the future, buy Dec, otherwise buy Nov. If you have a Long or Short view on WTI, buying Dec or Nov+Rolling probably won't change much to your p&l.

Correct I forgot dividends, this is still very mediocre when you can find 20+ managed futures funds that made 20 or 30pc on average with the same drawdown as the spx

This is what kills the hedge fund model.... investors look at a short meaningless time-frame such as 12 months, then a tail event happen and the hedge funds that they just left make +30%, so ex-investors start dancing again and putting their money again, essentially buying the high and selling...