Trader Required

T1 guarantees a level of service not a fixed speed. Your 100 Mbps connection at home is only averaged, and on most days it is a lot lower. Take a speed reading at midnight vs 5pm on the weekdays, or basically any time on the weekends. As a consequence your home connection shares bandwidth. If your neighbors both simultaneously decide to binge watch every Game of Thrones episode while downloading the latest games and playing on their cell phones you will suffer a pretty noticeable decrease in QoS.


when market opens, my neighbor is working in the office, so few people share bandwidth with me.
 
when market opens, my neighbor is working in the office, so few people share bandwidth with me.

You also have no SLA and in the event of the outage are the last person to get a repair.

T1 agreements are extremely useful. Do you need one? Probably not. But using a single residential example as a example of why they aren't needed is missing the point entirely.
 
nobody will provide all trade transactions...how easy to reverse engineer would it be/


They will, if they want to get a slice of money to trade. And it's really difficult to trade $10M+ using a simple system that anyone is capable of figuring out but haven't done on their own yet.
Though this may be the best (older) post on ET that I saved because it's very specific about this stuff, including about secrecy being dead:
https://www.elitetrader.com/et/threads/starting-a-fund-raising-capital.241183/page-39#post-4015641
"Secrecy is also dead. SMA are completely transparent and they will literally track your daily trades. Especially in a pool, you won't get an investment if you don't explain the process in pretty good detail. Startups don't get the luxury of guarding their system. You'd better be able to explain it concisely and confidently. Expect them to dig much deeper than you are comfortable with. You aren't trying to convince them that you are doing something that they couldn't do. You are trying to convince them that it isn't worth their effort. Secret edges are unacceptable in the modern market."
 
Are you saying that I will not find anyone who is serious and willing to trade this money? If so, you have been right for several weeks of my searching!
 
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