EUREX HUB in Miami anyone?

E

esmjb

I hate winter. Unfortunately as a chicago-based eurex trader i can not trade in a warm weather spot during winter without sacrificing highly valued connection speed.

Since there is a hub in Helsinki (for christs sake, how much volume can possibly pass through there???) amongst other locations, i see no reason why it wouldnt be possible to convince Eurex to build a hub in Miami thus enabling NYC and Chi-town traders to head south for the winter.

Is anyone else feeling me on this???
 
Can I have my own personal hub (whatever that means) in Aruba?

On a serious note, do you think a "hub" somehow brings you closer to the action?

Put it this way - if American Airlines open at hub at smalltown, does that make it quicker to fly to Frankfurt?

Make you think doesn't it!
 
i assure you it does make a difference banana. orders are timestamped at these hubs thus determining priority and then routed to frankfurt. for scalpers such as myself, even a 30ms delay has an effect. other types of traders prolly wouldnt notice much. nevertheless, every trader should want the best connection possible...
 
i have no idea but i think it costs less than half a mil to build one which is a drop in the bucket for eurex. they have to see there is demand to build one in miami for them to spend it though.

i think it can be done but please, only serious posters on this thread. im trying to accomplish something good here...
 
Gibralter has a eurex hub, good winter weather, and a flat tax of £10,000 but you will have to giveup your us citzenship to benefit from that.
 
yeah i traded in london for awhile and heard all about gibraltar. bottom line is miami is 10X better than gibbie in every way except for the tax breaks.
 
Quote from esmjb:

i assure you it does make a difference banana. orders are timestamped at these hubs thus determining priority and then routed to frankfurt. for scalpers such as myself, even a 30ms delay has an effect. other types of traders prolly wouldnt notice much. nevertheless, every trader should want the best connection possible...
More...

So if I live on Pluto with my own little Eurex "hub" you are saying that Eurex waits for my orders to get to Frankfurt before it actions them.

Don't believe the hype.
 
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