Thanks Pat. I was hoping you would weigh in on this. I'm trading through FIX API, which (as you appropriately qualified) will be a bit different than the above scenario. I've actually progressed quite a bit from when I posted this question...I've recently gone live with one of your competitors but have had a very poor experience (no, a terrible experience). But at least no transatlantic latency (well...once I asked for the nth time for them to base my 'accout' in London - which came after asking for correct ip/host for the London server, which even then was provided wrong a couple more times. I can't make this stuff up - and its all much worse than I'm describing).
All that being said...your timing is actually perfect. Just the other day, I posed a few questions regarding latency and such to he TT rep I've been in contact with, but thus far have have not received answers. Perhaps you could help?
- When using the TT FIX Adapter, what’s the latency from LD4 to Eurex? (From when the trade is sent by TT)
- Is the above figure, the (average) amount of time from when the trade is sent from LD4 to reach Eurex’s Matching Engine or when they’re distributed?
- What’s the average latency incurred by TT’s infrastructure (risk checks, etc.)?
- What’s the latency of the MD that TT receives from Eurex to LD4? (and what’s the latency (if any) before TT passes that on to the client)?
Just for the laugh of it...when I emailed the rep after not hearing back, he responded (quite quickly, to be fair) letting me know he's reaching out to xyz dept for some answers. Here's the good part...in the email back to me...he got my name wrong. For all those that may not know, this TT FIX adapter is $1,000/month + a fee/fill). I mean, I'm paying about that in car payments for my Audi and wife's Acura and they seemed to get my name right at the dealership?! And they didn't even have the benefit of having the email I had just sent them, with my name on it, in front of them.
