if he uses broker or clearing house, the employees at the brokerage or clearing house can see his entry and exit, from where they can figure out the possible reasoning of each trade. If I am given simons' trades, I can guess out how medallion works.
what kind of realtime data does the company provide? realtime level 1 quote for all US stocks? I can not find the information from their website. it only says realtime data.
if you can deduce other people's trade secret from their trades, how can james simons keep his method secret so long since at least some people in the clearing house or brokerage firm have access to medallion's trades.
which broker charges you 0.001/share? how many shares do you have to trade per day to qualify for 0.001/share? thank you for nice introduction of pair trading.
it very much depends on the dd of your trades. if the dd is very low, you have very low risk playing your own money, you can simply scale up yourself, why work for others?
it looks like you are using nxcore. may I ask you a question? if I just need NBBO of US equities at level 1 quotes, what would be the minimal price I have to pay?
Nxcore charges 500 dollars each for nasdaq, nyse and amex. what i need is nbbo and trades of US stock quotes. if I only subscribe to nasdaq, does it have nbbo of the quotes, or it only provides quotes of nasdaq exchange?
i remember I shorted one stock with rate of 360%. it cost me a lot overnight. since then, I coded a condition to bypass shorting any stock with rate>10%.
if during the day, my program is terminated, so I will not receive any execution reports of the sitting orders. after an hour, when i restart the program, can I retrieve the historical execute reports and the remaining orders?