low latency quote vendor needed

E

emk662

Please recommend a low latency quote vendor. I plan to use IB for execution only. My program trades US stocks and E-mini futures. Budget is preferably less than 300 USD a month.

Thanks.
 
the latency is less than 10 milliseconds from exchange to the program. I can host a VPS in New York or Chicago. Currently its ping to IB server is in 2-3 milliseconds.
 
emk662 said:
the latency is less than 10 milliseconds from exchange to the program. I can host a VPS in New York or Chicago. Currently its ping to IB server is in 2-3 milliseconds.
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For futures, you are going to need to be hosted at the CME data center and I doubt IB has a solution for that. TT FIX would do it. You just need a broker/FCM that offers that. Wedbush futures offers TT FIX. As for equities, you will also need to be hosted and subject to non-display fees. $300 won't cut it.

Ask IB is they have a hosted solution but I expect your budget will need to be a much bigger number. Not even close. Just hosting will be over $1000/server. I'll let the TT rep jump in.
 
I don't do HFT, just do some statistical arbitrage. Only around 10 trades per day. Currently, IB's quote feed is not fast enough and I get bad slippage. I guess getting a better feed can make the strategy work.
 
Robert Morse said:
For futures, you are going to need to be hosted at the CME data center and I doubt IB has a solution for that. TT FIX would do it. You just need a broker/FCM that offers that. Wedbush futures offers TT FIX. As for equities, you will also need to be hosted and subject to non-display fees. $300 won't cut it.

Ask IB is they have a hosted solution but I expect your budget will need to be a much bigger number. Not even close. Just hosting will be over $1000/server. I'll let the TT rep jump in.
More...

You used to be able to get 2u rackspace in the IB Connecticut data centre for $2,000 a month
 
Robert Morse said:
For futures, you are going to need to be hosted at the CME data center and I doubt IB has a solution for that. TT FIX would do it. You just need a broker/FCM that offers that. Wedbush futures offers TT FIX. As for equities, you will also need to be hosted and subject to non-display fees. $300 won't cut it.

Ask IB is they have a hosted solution but I expect your budget will need to be a much bigger number. Not even close. Just hosting will be over $1000/server. I'll let the TT rep jump in.
More...

Thanks Robert. @emk662 if you send me a direct message with your contact info I can have someone reach out and work with you.
Best-
Patrick
 
emk662 said:
I don't do HFT, just do some statistical arbitrage. Only around 10 trades per day. Currently, IB's quote feed is not fast enough and I get bad slippage. I guess getting a better feed can make the strategy work.
More...

Do you want recommendations for futures or stocks?
 
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