Quote from THE-BEAKER:
i think you guys are genuinely naive.
Quote from THE-BEAKER:
i think you guys are genuinely naive.
renaissance trading are experts in breaking down data and with heavy computing can work out the players and trade styles and size of most markets within days.
when you change your style they will adapt in minutes.
they pay fortunes for order book history.
why do you think they pay for it.
if its useless information.
why bother.
that alone tells you there is something valuable in the information.
IF ITS WORTHLESS AND OF NO USE WHY ARE EUREX SELLING AND WHY ARE THEY BUYING IT.
Quote from THE-BEAKER:
im still awaiting an answer from you experts.
why do eurex sell it to algo companies and why do they continually buy it.
no one has answered the question.
if you are correct and the information is useless why does a market exist for this information.

Backtesting. Plenty of quants/traders think backtesting is the answer to the next great strategy. So they buy the data and then run 1000s of strategies through it.Quote from THE-BEAKER:
im still awaiting an answer from you experts.
why do eurex sell it to algo companies and why do they continually buy it.
no one has answered the question.
if you are correct and the information is useless why does a market exist for this information.
Quote from THE-BEAKER:
im still awaiting an answer from you experts.
why do eurex sell it to algo companies and why do they continually buy it.
no one has answered the question.
if you are correct and the information is useless why does a market exist for this information.
Quote from SWINGTRADER77:
Beaker- just quit it.You have been moaning/whining about EUREX/ALGOS for several years now.Will u still be moaning about them in 2013? Give it a rest please
Quote from THE-BEAKER:
this is reason why its so hard to trade on this exchange and most other exchanges.
they take my trading history and sell it to these algo fuckers.
this is illegal.
someone out there should sue their arses.
making money out of my trading history.
surely my trade history is personal to me not for fucking sale to the highest bidder.
this exchange is a joke and so are the others exchanges.
their volume will continue to plummet with this sort of bullshit still going on.
http://www.eurexchange.com/download/market/tlob_factsheet_en.pdf