ITG has very good infrastructure and can handle 1000+ messages a second. But you have to do volume or they don't want you cloggin up their lines. It is second best to your own infrastructure.
1/2 a rack at Equinix, $850. Full rack multiply x 2. Then you need bandwidth. That depends on who provides it, but count at least $400/M. You can't just colocate 2U at these places and do cross connects. No one wants your business.
Cross connect to Safety provider $250. Then they charge you again for that bandwidth, about $1000/M.
Total recurring cost about $2250/M.
You can't do this solution unless you have special arrangements with your clearing firm, since in effect you are not going through their order router and can do crazy things. You could cross connect to your clearing firm, and they all have presence at Equinix, but then you don't have a straight connection to exchange any more.
This solution was only a dream for me several years ago. Now it is a reality, but for a small trader, it is not possible.
nitro
1/2 a rack at Equinix, $850. Full rack multiply x 2. Then you need bandwidth. That depends on who provides it, but count at least $400/M. You can't just colocate 2U at these places and do cross connects. No one wants your business.
Cross connect to Safety provider $250. Then they charge you again for that bandwidth, about $1000/M.
Total recurring cost about $2250/M.
You can't do this solution unless you have special arrangements with your clearing firm, since in effect you are not going through their order router and can do crazy things. You could cross connect to your clearing firm, and they all have presence at Equinix, but then you don't have a straight connection to exchange any more.
This solution was only a dream for me several years ago. Now it is a reality, but for a small trader, it is not possible.
nitro