how to incorporate live data feed

Quote from abaazov:

ganngalt, what the hell are you talking about? if you have an answer to my question give it to me, if you dont be quiet. i am enough of an experienced trader to not have to listen to your baseless opinionated suggestions. i asked a simple question, which are the better ones.

as for my prop firm, thank you very much it is quite succesful. i dont know how many traders you have coached in your life, but since opening less than two years ago, with OUR OWN CAPITAL, we now have 12 profitable futures traders, and we are hiring five more in the next 3 weeks. i dont need trading advice from you.

obviously my IT knowledge is limited. thats why i turned to this forum, one which i believe is populated by intelligent traders of various backgrounds. i just want to try and understand exactly how a live feed works, simple. my program is written in c++ but we have just begun rewriting in in c-sharp, because seemingly there is much more "help" for c-sharp written programs than there is for c++. i am just trying to understand how it works. what should i expect to have to pay for this service, and who would be the service providers to use. i have called TT, they said it was quite simple, and my programmer has assured me it is easy. but i want to know what other choices are there. what are people using, and why. basically it is an intra-day system, that will use the tick data feed. do i have to go through a serice provider to get this feed, or is there a way to plug directly to CME ( e-mini)?
any help would be appreciated.
amnon
TIA

p.s. this sytem development has nothing to do with my personal trading or my prop firm.
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1. Sockets / Remoting. - This is what connects the computers.

2. APIs are compatible with the programming language you use.

I'm not giving you baseless / clueless answers. Maybe I should be talking to you like a 3rd grade kid...
 
Yes you can go through TT, or another good option is IQfeed. You hook into the API and it runs silently in the background. A pretty good data feed for the price.
 
If you're going to use FIX (i.e. connect to RedSky, etc.) use QuickFix (do a search for it on Google)

What broker do you have? If you're connected with a relatively adept clearing firm for your prop shop, chances are they will have a FIX gateway that you can use.

If you're running this "system" on a machine that relies on a OMS/Order entry system, that's highly unadvisable.

Galt, don't laugh there are some people who use Excel plugged into Redi for their "system" ROFL :D
 
quickfix seems to be exactly what i was looking for. my broker is Fimat, as good as it gets, and i am sure they have everything i need. so basically, if i understand correctly, FIX is the universal language used for all (??) the automated systems to speak with their respective brokers-executers. so no matter who my data provider is, i will use FIX to configure my system to send orders to my broker's system. right?
 
Quote from abaazov:

quickfix seems to be exactly what i was looking for. my broker is Fimat, as good as it gets, and i am sure they have everything i need. so basically, if i understand correctly, FIX is the universal language used for all (??) the automated systems to speak with their respective brokers-executers. so no matter who my data provider is, i will use FIX to configure my system to send orders to my broker's system. right?
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Correct. Fimat does support FIX.

As far as market data - they *may* supply it, but you're better off getting a independent data feed (i.e. reuters, etc.)
 
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