Pure agent against market maker

Dear Mr.Steve

Yes , frequency of the change of the last
filling more ./different dynamic/

From author paper game testing by EC volume 100k per day
can fill more as 1000 time with attempt to catch switching from bid to ask

Example bid ask
1.2050 1.2051

1. last filling by some 1.2051 ,operator send
buy 1 ECU05 1.2050 and sell 1 ECU05 1.2051
in 10 seconds 1 tic = 12.5 $ - t.k=6$ = 6.50$ of profit
2. Equal but after filling buy 1 ECU05 quote going down
under 1.2050
Operator must have possibility for very speedy
order entry and kill trough multiple windows ,as one limit
order would not filled and market order expected from Market maker .

From author observance by hotspotfx frequency of the
change of quote of last filling by FX spot lower as by FX future
Correct ?

Author would very pleased for answer.

P.S. Please can you send screeenshot of depth of the market by IB with eur/usd in most intense time of trading ?
How great is part of all eur/usd spot market ,which reflected
by IB Depth of the market ? 30% 50% more ?
 
milstar,

I've no idea whether the futures or the spot would be best to do that strategy. Probably the only way to find out is to try it. Frequency of quotes, I'm not too sure either, I guess futures would be more frequent because there are more participants.

-No problems with the speed order entry or cancellation. We give you one-key or one-click options for this.

-I'm in Malaysia at the moment but can post a screenshot when I come back of market depth. What part of all Eur/Usd market is reflected in IB Depth? Only a fraction of a percent. I don't think that is going to be any use to you for reasons I've specified earlier.

I don't think anyone will be able to give you the definitive answers that you are looking for. You're likely have to test it yourself.
 
Steve_IB wrote

...? Only a fraction of a percent

Archipelago reflected more as 35 % of filled orders
and your IB level 2 only fraction of 1 % of filled orders

In this situation i must think that exist anohter level 2
quote's for spot ,which reflected ANOTHER QUOTE of
filling order in equal moment of time .

It is different to CME futures
 
Quote from milstar:

Steve_IB wrote

...? Only a fraction of a percent

Archipelago reflected more as 35 % of filled orders
and your IB level 2 only fraction of 1 % of filled orders

In this situation i must think that exist anohter level 2
quote's for spot ,which reflected ANOTHER QUOTE of
filling order in equal moment of time .

It is different to CME futures
More...

of course it is, because these guys probably are a secondary market to them.
 
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