Quote from jswift:
Dear ET Users
I have a trading system that generated 9,500 limit orders per day. Yes, I know it's a lot. I would like to transmit them all to my broker in the evening, and have them "in the market" the following trading day. In a typical day, only 5-6 of the limits are reached so only 5-6 orders actually fill.
I can't send them all to my broker - the broker balked.
So, I'm looking for a hosted auto-trading solution that will
1. Take my orders in the evening (in a text file or the like)
2. Scan the market throughout the following trading day, looking for prices to approach my limits and
3. Transmit orders automatically to my broker when market prices approach my designated limits (i.e. within 10% of the limit).
I'd like this service to be hosted - i.e. in a datacenter, not on my PC.
Can anyone recommend a service like this?
Thanks,
Jswift