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Latency is very slippery subject. You have cross instrument strategy (different geographical location) which makes it more difficult. I can't give you actual numbers, but I think half millisecond is easily achievable (for equities with Colo in New Jersey). Of course, at this speed, you will...

As @sle mentioned, don't expect it to help much, but here it is. You actually may benefit by including routing to Dark pools ... no easy solution to the problem.

I think you should run your strategy with IB first and see how it does so you have a better idea of what it could do if latency was reduced. I suspect the slippage and fees will kill your strategy. I think it would be very hard for anyone to implement latency sensitive strategies without...

I don't have evidence, but I suspect that sending through SMART will be slower even if you disable dark pools. Having them to hold your order on their servers is probably worse than you holding them yourself, especially if you are colocated.

I think you may be going about it the wrong way. Making money inside spreadsheet is not the same as making money in real world. For latency sensitive stuff (arb), you need to find at what latency your strategy breaks and then start looking for providers. You need to account for both market...

Right, but how do you know your market data provider is not causing the latency? I assume you are not getting raw multicast.

What/whose tape? Also, you send via Smart or directed?

Sure you do ... Smart Order Router ... Your SMART route.

Below book is essential. IMHO, the best way to approach this is to understand what different participants try to accomplish and then dig into how they try accomplishing that.

What's the point to have low latency feed and execute through a slow broker? When you did your analysis, did you factor in expected latency?

https://qr.ae/TW8NRu

What does it mean ... You are part of prop group and that's the only/best available platform?

Right, I am not understanding why you can't forward test the options part ... If it's a swing system, you should have plenty of signals you can take manually, no?

Did you try paper trading it (forward testing it)? Wouldn't that answer your questions? Just curious.

Finally, a bucket shop for Futures!

Agreed

Yes, kind of. There were two major reasons for it: 1) Globalization and acceptance of remote work leveled the playing field. There's lots of talented people overseas willing and able to work for a lot less. 2) Commoditization of programming via libraries, API, AWS, open source, etc. 90% of...

Which "skilled high paying jobs " you talking about? Very few Citizens want these low pay and low opportunity jobs anyway.

I don't know of a good place to ask, but do the front line people actually get those tips? I always have a suspecion that I'm subsidizing some middle management ass hole when I leave a tip. When I worked as delivery boy, the tips made my day and were really appreciated.

If your competition is outside US, 150k(plus other substantial costs to employers) becomes hard to rationalize to someone who sees you as a cost of doing business. Try to position yourself on the revenue producing side of the ledger.