Speed of Internet Connection

I

ITR2744

I'm using a broadband connection with 5000 Kbit/s.
Now I'm looking for a cheap backup connection. The cheapest solution (no monthly fee, only pay as you use) I found is 300 Kbit/s. Is this sufficient? In an emergency case I only need a connection to InteractiveBrokers (using TWS, Quotetracker and ZerolineTrader) to maintain my trading for some hours.
Or should I get the 1000 Kbit/s line for which I pay a monthly fee?
 
If your not trading options, the 300 will do, if you're trading options I would suggest the 1000, however, if latency is key, then you need to go with which ever has better latency.
 
Thanx for your responses. I am trading only FX Futures and sometimes e.minis... Max. 10 symbols!

I's all about maintaining the connection till my primary connection works again... Here in Switzerland, the infrastructure is quite stable, so I can count the disconnections (each from ca. 0.5 to 2 hours) for 2008 on one hand...

So, the 300kb/s would be sufficient...
 
Quote from eternitysgarden:

If your not trading options, the 300 will do, if you're trading options I would suggest the 1000, however, if latency is key, then you need to go with which ever has better latency.
More...

You must mean *day* trading options.

I trade options but could do it with dial-up because of my timeframe.
 
thanks forsalenyc for the link

changing the subject some, does anyone know the speed of order entry/fill
trading eminis when using NinjaTrader with the ZenFire feed ?
and do the computer specs make any difference to speed/latency ?

from Vancouver, Canada cable/Shaw to:
chicago : download: 4863 kbps up: 479 kbps
seattle : d: 4904 u: 487
 
Quote from Wallace:

thanks forsalenyc for the link

changing the subject some, does anyone know the speed of order entry/fill
trading eminis when using NinjaTrader with the ZenFire feed ?
and do the computer specs make any difference to speed/latency ?

from Vancouver, Canada cable/Shaw to:
chicago : download: 4863 kbps up: 479 kbps
seattle : d: 4904 u: 487
More...

4.8kbps seems a bit too slow. is this what you trade on?
 
Quote from forsalenyc:

4.8kbps seems a bit too slow. is this what you trade on?
More...

yes. don't know if it's slow or not, Shaw states for the service i pay for:
"Up to 10 Mbps download speed, 1 Mbps upload speed" which seems
very fast but i really don't understand what Mbps means since i presume the
correct term for data transfer should be the Kbps measure

speed's contentious and the operative is 'Up to', in the UK next year the
national telephone company who supply all other ISPs will have to state
accurate speed amounts which will change the statement from
'Up to' to 'Minimum speed'
 
You must log in or register to reply here.
Back
Top