Execution Speed

if you need latency data, and that being for data as well as round trip for internal processing time as well as round trip of your order from server through brokerage, off to trading venue/ECN/exchange and back, your broker or most savvy brokers would be HAPPY to provide that. If not, or the old "well, I'm not sure, but it's LIGHTNING FAST!" It's probably not a broker you would actually need.

You can get this data quite easily by contacting the brokers. If they're good, they'll have it or be happy to provide/test for you.
 
Quote from polee2000:

Okay, assuming I am planning to do the FIX with only 2 people. and I am only interested in doing E-minis currently. what do you think of trying out the quickFIX with InteractiveBrokers first, get it to work first. then eventually hire a consultant to get it all setup with GLOBEX properly (possibly getting a new broker). Or I should take a different route of setting up FIX(MD and Execution)
currently I playing with 150K, but in the near future more capital will come in. I dont think TWS API is going to cut it NO WAY
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Apologies for the late reply. It depends on what type of trading you will be engaged in, whether you are planning on getting an exchange seat (lease or purchase), etc. If you are not planning on getting an exchange seat, then the direct connect to exchange (i.e., Globex) will not be available to you. In which case, you will have to stay with IB, or some other broker that specializes in automated trading (i.e., Lime Brokerage or RedSky, both have favorable comments). These brokerage may not necessiarly offer a FIX based order routing, it maybe API based.
 
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