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Help with futures brokers!
- Thread starter sammybea
- Start date
Originally posted by trader777
Sammy,
Your connection will be milliseconds faster using a direct connection than something like Jtrader. It may provide a little more stability but as you said there may be no support if anything happens.
Actually I understand that GL Trader's quotes are slower than both IB and JTrader so ask around before assuming this to be true. metooxx seems to have stopped posting. You might send him a PM sammy.
I can confirm that the eQuotes offered by the CME are slower than IB's data.
sammybea
the point of a direct conncection is not the amount of data you can pump through the connection - the important point is that is the most direct connection to the exchange - and so is not affected by the internet parameters
and if you have a direct connection - you should only use your trading platform with it - no other data on it
the time issue of the direct connection for sure is important with bonds - where a fraction of a second could affect a scalping trade
personally, with the retail imput of the eminis causing so much noise - i am not sure time is such an important factor with emini trading, but it may have more effect on indexes on liffe or eurex
but the key, even in eminis, is stability of the line
the point of a direct conncection is not the amount of data you can pump through the connection - the important point is that is the most direct connection to the exchange - and so is not affected by the internet parameters
and if you have a direct connection - you should only use your trading platform with it - no other data on it
the time issue of the direct connection for sure is important with bonds - where a fraction of a second could affect a scalping trade
personally, with the retail imput of the eminis causing so much noise - i am not sure time is such an important factor with emini trading, but it may have more effect on indexes on liffe or eurex
but the key, even in eminis, is stability of the line
HI,
Could someone please explain what this means:
""with the retail imput of the eminis causing so much noise - i am not sure time is such an important factor with emini trading"
I agree, especially with NQ, totally erratic on the micro level."
retail input=> from small traders using discount internet brokers?
causing so much noise=> Lots of little buys and sells of just a few contracts?
Time is not such an important factor=> as in a few milliseconds or are we talking minutes here folks?
erratic on the micro level=>is this a problem for day trading or just skalping??
thanks
Could someone please explain what this means:
""with the retail imput of the eminis causing so much noise - i am not sure time is such an important factor with emini trading"
I agree, especially with NQ, totally erratic on the micro level."
retail input=> from small traders using discount internet brokers?
causing so much noise=> Lots of little buys and sells of just a few contracts?
Time is not such an important factor=> as in a few milliseconds or are we talking minutes here folks?
erratic on the micro level=>is this a problem for day trading or just skalping??
thanks
Originally posted by TriPack
To get the member globex rate which will lower commission charges under $2/RT you will either need to lease or buy a seat. This may also have negative tax consequences for you because as a member gains are ordinary income..
Member or not, particularly as a member you are taxed at the 60/40 blend.