API choice: Sterling or Silexx or EZE(RealTick)?

P

ppy93

I am starting a hedge fund in a month. My broker offers Sterling, Silexx and EZE(RealTick). I am under the impression that Sterling is the most popular platform(not necessarily for API usage). However, I am a bit intimidated by its stability issue described in this thread posted in 2014. Has things improved since then?

https://www.elitetrader.com/et/thre...-suitable-for-fully-automated-systems.287170/

Is there anyone using Silexx or EZE's API to trade? If yes, please PM me and I would love to discuss more details with you. Feel free to email me at ppy93@pm.me as well.
 
What are your requirements for latency/data coverage?

PS - Your time frame is way too optimistic - not only from an IT/disaster recover perspective but also from a compliance perspective, given you haven't got this sorted yet.
 
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The email address you put in the post was rejected. Please email me directly and I can help you as we offer all three.

ppy93 said:
I am starting a hedge fund in a month. My broker offers Sterling, Silexx and EZE(RealTick). I am under the impression that Sterling is the most popular platform(not necessarily for API usage). However, I am a bit intimidated by its stability issue described in this thread posted in 2014. Has things improved since then?

https://www.elitetrader.com/et/thre...-suitable-for-fully-automated-systems.287170/

Is there anyone using Silexx or EZE's API to trade? If yes, please PM me and I would love to discuss more details with you. Feel free to email me at ppy93@pm.me as well.
More...
 
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jharmon said:
What are your requirements for latency/data coverage?

PS - Your time frame is way too optimistic - not only from an IT/disaster recover perspective but also from a compliance perspective, given you haven't got this sorted yet.
More...

I have already tested everything with TDA and TradeStation for more than 1 year. They will be my backup broker. I recently developed some interest in trying DMA brokers. If the cost and API stability of the DMA brokers are not satisfactory, I will go back to TDA or TradeStation.

Since I have been using TDA or TradeStation's API, my strategy is not very latency sensitive. I use a 3rd-party data provider.
 
Just one backup broker for a hedge fund? Really? You need several to spread your orders in the first place (unless your AUM and trade positions are tiny).
 
jharmon said:
Just one backup broker for a hedge fund? Really? You need several to spread your orders in the first place (unless your AUM and trade positions are tiny).
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what is the purpose to use several brokers to spread orders?
 
My startup fund's AUM is only $1-2M at the moment but I trade $2-8M daily. Is it necessary to have redundancy broker?
 
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