Roundtrip times and latencies

Patrick, I know you no longer work for TT, but what would you estimate the latencies for using TT's API after the order reaches their server, under 10 ms? TT FIX under 2 ms? I would be surprised if EZE EMS (Realtick) xAPI is more than 10ms to CME after it reaches their servers. They say they process risk checks in 2 ms and process orders at the rate of 2 ms per order.
 
Quanto said:
@rb7 do you do scalping or maybe even HFT?
Can you provide some other statistics (or maybe some useful links) related to this? Of course nothing personal, just some general stats/info, so that others who too are interested in going the same path can get an idea of the complexity and the possibilities of this endavour... Thx.
More...
I don't scalp nor I'm an HFT.
Just plain vanilla day trading.
2-6 trades per day.
Latency and/or response time is not a big factor for my style of trading.

What types of statistics were you referring to?
 
rb7 said:
I don't scalp nor I'm an HFT.
Just plain vanilla day trading.
2-6 trades per day.
Latency and/or response time is not a big factor for my style of trading.

What types of statistics were you referring to?
More...
Oops. I was under the wrong impression that you maybe are doing scalping or even HFT :-)
Ie. stats for these cases. Never mind. Thx.
 
  • Like
Reactions: rb7
Robert Morse said:
Hi Patrick- I see you left TT and now work for Nodal Exchange. I had to look that one up. I was not familiar with it. You put this post in Trading Software. Are you only asking about Futures and automated traders? Most of our equity platforms use servers on AWS with a cross connect to the NJ matching engines. They are very fast but not hosted, institutional fast like being in a cage at NY4. On the Futures side, we use desktop software like CQG, TT, CTS T4, Rithmic and EZE EMS. These are also desktop platform, and you likely know their Roundtrip times and latencies better than most. You also know it is also a function of the customers location and path on the internet. So my questions to you are, are you only asking for automated hosted futures traders? What is the end game? The Nodal Exchange looks like it offers only institutional products and not for retail. https://www.nodalexchange.com/
More...
Hi Robert, Thank you for your reply. Yes, I left TT and am with Nodal Exchange now. My question was just a random query. I was interested to see what I'd get back. AFAIK, the race to zero isn't much of a race any longer. Also, true, the question is most relevant for automated trading, and this applies to synthetic orders as well as full-bore algorithmic trading.
 
patrickrooney said:
Hi Robert, Thank you for your reply. Yes, I left TT and am with Nodal Exchange now. My question was just a random query. I was interested to see what I'd get back. AFAIK, the race to zero isn't much of a race any longer. Also, true, the question is most relevant for automated trading, and this applies to synthetic orders as well as full-bore algorithmic trading.
More...
FWIW, we were using an off-the-shelf vendor and were getting 10s of mikes tick to trade. And that kinda slow these days
 
You must log in or register to reply here.
Back
Top