IB FIX CTCI interface experience
- Thread starter luo8
- Start date
I can not add anything to the discussion as I do not use IB, but I do have a question based on limited and not necessarily up-to-date knowledge and perception of IB...
It's my understanding the IB data feed provides "snapshot" quotes. Does the IB API being discussed provide real-time tick-by-tick data?? If not, I do not see how IB could be a valid broker choice for anything even resembling HFT.
Thank you.
It's my understanding the IB data feed provides "snapshot" quotes. Does the IB API being discussed provide real-time tick-by-tick data?? If not, I do not see how IB could be a valid broker choice for anything even resembling HFT.
Thank you.
No, cannot afford the fixed costs
Yes, but as retail manual trader. I do use the API, and I don't believe it is a problem. The problem will be on IB order handling side. I don't think they want piker HFT wannabe business, imho. Maybe if you have a large account they will try to accommodate you.
You better be very sure your strategy works prior to making all these investments.
Hi,
really good question.
I'm not sure, but from my point of view the snapshot market datas should not be for all choices. I understand that if I will choose realtime datas for particular exchange I will get realtime datas not snapshot datas.
The question is in which period is real time datas provided.
Here I see the hole for successful hft trading... Therefore I was asked if anybody of you using FIX CTCI solution, what is the latency, experience with this solution in IB..
Luo
No, cannot afford the fixed costs
Yes, but as retail manual trader. I do use the API, and I don't believe it is a problem. The problem will be on IB order handling side. I don't think they want piker HFT wannabe business, imho. Maybe if you have a large account they will try to accommodate you.
You better be very sure your strategy works prior to making all these investments.
I trust my strategy, its working well, the problem what I have is in the entry time of order execution.
The HFT machines owned Inst. traders are far away from my current entry time of order execution.
Some of the trading strategies are not so critical in time execution, my strategy is simple but the execution time is critical.
Even IB Fix does not offer real time data but only snapshots. Hence going the IB route does not make sense for you. I do use IB Fix.
can you share which aws server region are you running for trading with IB
1) futures
2) stocks
3) forex
based on my research each requires a different region to be as low latency as possible
i do not use aws server. i run from my home computer.
To be more accurate, it depends on where each instrument is traded. One gets quicker to the matching engine of the exchange with connecting via IB Europe when trading Dax futures and quicker in the US when trading futures via CME, for example. And when latency is concerned AWS does not cut it by far. Proximity hosting or collocation is asked for. Re collocation, the exact rack location does not matter anymore in the US because cable distance is nowadays normalized across racks.