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How do you think your broker of choice will handle Reg NMS? The increase in quote and order traffic, according to recent articles in Wall Street and Technology (most notably "An Industry in Denial" by Cory Levine) The article points out that many will wait to see what happens. I assume the...

seriously, you're missing the point. He's a computer scientist, asking if he can place a server on site to pick up latencies. If this is the case, he's most likely setting up strategies via an API, and could do better - maybe 50% of the time he could do better - if someone didn't beat him to...

Exactly, if speed down to milliseconds is a concern, what good is the latency without and depth of book? They go hand in hand. The point a few of us have here is that CME futures on the floor as well as Globex - yes, faster than the floor (so is rush hour traffic) isn't very liquid. Without...

have you considered the ultra low latency of the hog pits in Chicago? High speed trading and floor based pits that are a mere shell of the cash market's liquidity aren't quite the best way to go for someone looking for low latency. Equity latencies are low, low, low depending on the broker...

if you are referring to my post, effectively you must buy or sell calls and buy or sell puts in some combination to combat constantly changing market conditions. If you looked at the book - or Hull's book as well - you could have made money off the volatility drop of which you speak. Options...

Option Volatility and Pricing Models, by Sheldon Natenberg. That will definitely help you get your head around options. Very helpful on the conceptual without weighing you down in models, math, etc. You need to understand it (to me) before you can go and get too "Technical"

How big is the basket? If it isn't that big, you could just go with sequential entry in a low latency brokerage. I'd key on that. If it is a big basket, it depends on the software used. Also, the bigger the basket, the higher the throughput you'll need as well. Throw some more detaisl out...

here's some news as well: retail traders do and can co-locate boxes at brokers. It's not an expensive proposition. I'm just pointing out who you are up against.

that's a bit goofy, because there are plenty of traders with a co-located box at brokerages clipping speeds of, let's say for argument's sake, round trip, with internal processing time for checks vs. easy to borrow lists, margin, capital, out to ECN, and back, at less than 15 ms to ARCA, less to...

you guys are aware there are brokers out there that speciaize in low latency pipes, and that 100 milliseconds is basically a nightmare for their customers trading those strategies, right? There certainly is a way to verify latencies, and it's not just ping times. Beyond that, it's not just...

I think you also have to take into consideration the speed at which you ar reaching the ECN's, and the validation of that order vs. a short list, buying power, and disaster recovery, etc. Simple ping times aren't good enough in this case, if you are looking for speed and client directed order...

It really depends on what markets you want to trade as well. TT s going to be focussed more on futures, whereas somewhere like Lime, mentioned in the front of the thread is equities based. There are several decisions to make when exploring, including where your data is from (direct, or a...

Nitro, you beat me to it, FIX can be fast, but there are better ways of getting data. A great API should be able to control, in a way, the flows of market data in and of itself. In essence, trades one way, data the other. Coding up to a good one if designed well shouldn't be that difficult...

I would imagine there are a few competitors out there that compare on the technology and the cost front with Genesis. Redsky is mentioned here quite a bit, as is Lime Brokerage; I'm sure there are others. Speeds will always be relative around here, too, each poster here seems to equate ping...

API is in effect an interface; nothing more if you're not a programmer. For some busineses, though, the API is the entire programmed out version of what they do; it is what separates one weakly programmed bunch of code from a far superior pile of code and programmers. It is accessed by a...

there is a rather large trader on there who remains rather silent and non assuming. He has the same name as a famous boxer. there are also several money managers on there, that I see, especially from other countries. To say they're involved in trading would be correct, as well. Plenty of...

it's got to be a combination of latency and data feeds. Optimally, you would want to have data feeds direct from the exchanges - processed by an API. Most third party vendors are going to slow down your feeds as well. There are a ton of funds and traders out there trying not ony to minimize...

I pay commissions to a broker, and I complement them when it DOES NOT blow up. Wow. Thems' some lowwwwww standards. This is a scary thread. Really.

I'd imagine it would vary by broker, but any disconnect by the client side isn't going to cancel orders automatically. It's really going to boil down to the API and its' functionality by broker. The best systems are going to have the ability to "cancel all" as a trader directive, not a broker...

co-location is primarily for latency issues. The closer, the faster, in essence. Co-location of a server is going to allow you to reduce round trip times, and I'd imagine most if not all brokers for automated trading allow you to access the server via a secure shell to take a look at what...