What is so great about TT products?

[nitro]

Quote from market_hacker:

Every futures exchange has a different setup. Once it hits the TT gateway everything on the client side of that gateway is multicast. (unless you are connecting across the internet)

OK. That explains it.

nitro

 

[FredBloggs]

Quote from market_hacker:

I agree but it doesn't need to be in the main trader->exchange pipeline slowing things down...

You can have a second machine to monitor exchange status messages (like order confirms, fills, etc) and use that to keep your audit trail.

thanks a bunch for the earlier explanation - much appreciated.

where does the risk control come in? I guess this is all on the tt front end -

eg if a trader has size limited so he cant trade over x lots or can only trade on x product, cant trade if he losses x amount in a day etc.

this is obviously a better architecture - im surprised everyone didnt/doesnt do it this way! dont tell me harris has a patent on an architecture as well! is that possible?

ps - i see why you call your self market hacker now!! sweet.