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LOL

Ah. So youre saying that if Getco comprises the entire 2000 lot bid in twenty 100-lot orders, once their first 100 lot gets filled they can pull the remaining nineteen 100-lot orders. Interesting point but I dont think it's possible. Let's assume in a fifo market, Getco had a 100 lot order in...

Yes I've seen that quite often but realize that you can in fact trade all 2000 if you want. In your example, someone hit 100 of them, but that same guys could have hit 400, 800, 1500, 2000 of them if he wanted. Granted, the rest of the order would have been pulled in the same fashion but the...

How so? I trade futures. Can't speak to what goes on with equities at all, but on CME, if i see "phantom orders" I can hit the order (even manually) and get filled. And that's manually. Automatically, I could trade with the entire order before it even shows up on a screen. Can you be more...

CME is doing this with their Aurora facility. everyone has the same cross connects. You've gotta be in the facility though, and if youre not in that facility, you will be at a disadvantage. Its technology evolving and I see nothing wrong with it. Figure out how you can make sense of the cme...

Do you realize that when a program submits an order for 5k, those 5k contracts can actually trade? It's liquidity. Get over it. HFT provides liquidity, albeit sometimes for short time durations. You act as if you want to see NO orders in the market. What is it you want? Time to adapt and...

I moved over from cicero in feb. I still havent set foot in the place but from what I hear it is amazing. Been meaning to get over there and take a tour of it. The rack prices are insane considering it's probably only 25% full at this point (disclaimer, that is complete speculation)

Lol. XTrader is the most widely used all-in-one, out of the box solution. It's an easy and obvious choice for someone interested in trading on a few different exchanges and without the funds/resources to implement a more advanced solution.

My advice would be to go to the exchange websites (CME, Eurex) and find a list of the member firms. Eliminate the firms that are purely FCMs (although very few probably are), and pursue the rest of the firms on the list, asking for a job starting at the bottom. If you don't personally know...

It's the nature of the industry. No one doing well wants to talk about it, and by the same token, why would someone doing well with a firm want to advertise where they are working? There's only so much edge to be had. That's why you hear about the same crap firms all over this board all...

click on "EN" in the upper right hand corner

You appear to be grossly overestimating these parties' activity and influence on these markets. So far this year (Jan, Feb, Mar 2012), Cme group has traded 490 Million contracts. Even assuming RSJ's quarterly CME volume DOUBLED from 2011 to 2012 (which would have them trading 60 Million...

I see your point, I guess I just dont see the market the same way. I think a given market moves one way or another due to what "paper" is doing. These days, "paper" is for the most part large speculative accounts ie Goldman, etc. This is where at least half of the volume comes from, and the...

Beaker- I've read a few of your posts on here. Your perspective is interesting, although extreme. Elaborate on "kills that local market and moves on". Allocation algos have been prevalent in Eurodollars for instance, for almost 10 years now. Nothing has changed in terms of edge there outside...

Has anyone seen any performance benchmarks on TT Algo Strategy Engine (Algo-SE)? Please post them if you have them. TT, please publish them. I have inquired a handful of times with TT and am getting no response. Thanks

also... this is for VIEW ONLY so I do not need trading functionality via the ladder. Just want to view a particular market's depth in that format.

I'm looking for a price ladder which I can plug my own proprietary market data feed into. Anyone know of an application I can license or purchase? Basically just need the look and feel, not any of the data.

Ha. Oh my god this thread is gold. Hilarious. Just stop trying to save face at this point. You've never made money trading, give it up. This is really sad.

This is not the way to do it. Rather, make the commitment and find a firm where you can learn. Good firms will train you from scratch and wont make experience a prerequisite. Good firms have their edge already and wont require you to bring them edge. Look at all of the established options MM...

Locals are indeed a very important piece of the picture...someones gotta take the other side of paper. I traded 20k contracts yesterday as a "local", 30k the day before, etc, etc. Youre on the right track with your desire to "get edge", but you'll bang your head against the wall trying to...