Which Execution Platform?

G

Grant

Any indications (detailed explanation not necessary) and comparisons re strenghs and weaknesses of:

X-Trader (basic)
Ninja
Strategy Runner?

Any experiences?

Specifically, I'm looking for the best re scalping DAX, Stoxx and Bund futures.

Thank you.

Grant.
 
RCJ,

I am familiar with Button Trader. Do you know how it compares with the others?

The problem is its limited compatability.

Grant.
 
Quote from Grant:

RCJ,

I am familiar with Button Trader. Do you know how it compares with the others?

The problem is its limited compatability.

Grant.
More...

Grant ... No, i dont. I havent used the others you listed. But, i have gone over some of the docs a bit.

BT offers quite a bit in strategy building and visual testing for example. Tick charts only. They appear side by side with the DOM/trading grid. Very fast execution and rock solid.
Developer lives in NL, trades the DAX among others.

BTW...if you havent already, you might take a close look at the
BT reference manual(not the user manual)

Grant, what do you need that BT doesnt offer?? Might give other posters some clues about what would work for you.

.... rj
 
RJ,

Thank you for the reply.

“Very fast execution and rock solid”. I think that just about covers it, really: as I said originally, my interest is in scalping so executing multi-leg option spreads, for example isn’t necessary

My only reservation is IB’s “snap shot” price quotes rather than every tick. I can’t judge how significant this is – it doesn’t seem to deter the many users on ET. Presumably, if I maintain my current feed it isn’t an issue, but BT ‘s dependence on IB could be.

Velocity Futures offers all the platforms - X-Trader (basic), Ninja and Strategy Runner. This is the reason for the original question (I’m considering opening an account with Velocity). The difference in comm’s – for small lots – between Velocity and IB is minor, but there is a big gap in margin requirements. For example, DAX intra-day at c £5000 with IB, just over £1,200 for Velocity (note these are pound sterling).

If ButtonTrader is better, IB may be preferable to Velocity; if an alternative is better, eg X-Trader, it could be Velocity (unless there is anyone else I should consider).

Grant.
 
DAX intraday margin is 1062 euro with openecry
and 4 R/T $ .Platform is more stable as another .net based
It is PATS ,that is dome dissadvantaged in speed ,as TT datafeed .You can try demo by www.openecry.com
with real -time and CME FIFO integrated rule

SR is worster (if you are disretionary)

X-Trader expensiv

NJ alsov .net and need together great volume of downloading

CTS Dorman offer 1$ per side(without CME fees)
with t4 with TT comparable datafeed .
 
SSSS,

Thank you for the info. I downloaded details from Opencry and Dorman – both look pretty impressive.

Which do you use, and which of their platforms do you use?

Grant.
 
02-11-07 02:09 PM

SSSS,

Thank you for the info. I downloaded details from Opencry and Dorman – both look pretty impressive.

Which do you use, and which of their platforms do you use?

Grant.
################################
Author have another problems ,which eliminate advantage
this or another paltforms,and if you would trade you
would meet this problem alsov -conflict with broker and
conflict resolution by goverment authorities .

Openecry ,T4 are both .net based ,that is dissadvantage
against paltform without .net in point of stability.But one
platform (trademaven,real time demo offered through trademaven ,pfg,jrfuture -under name fast) ,which is more stable dissadvantaged with multiple problems with clearing.

OEC with Esignal from test was visible faster as OEC with OECD

Dorman used for T4 equal datafeed as for NJ ,in this case
t4 is better ,as need only 5.6 mb to downloading(offered through
multiple brokers -see cts side)

OEC is 4 $ r/t (all included)

Dorman offer 0.5$ broker fees + 0.5$ t4 fees = 1 $
per side (+ exchange fees)

CTS stated ,that datafeed is comparable speedy to TT datafeed
X-trader has not impressed the author (GF offered 0.69$
per side +subscription fees +exchange fees)
X-trader loved from ET nitro ,you can ask he'm

http://www.elitetrader.com/vb/showthread.php?s=&postid=1357627#post1357627


As author is possibly suited to CME EIP full exchange waiving programm for 23000 side's,he is not interessed for OEC
(to date this avoided discuss offer with full CME ID control)
######################################

> FAQ -
> http://www.cme.com/files/NewTraderFAQ.pdf
>
> Application -
> http://www.cme.com/files/NewTraderProgApp.pdf
>
> Info
>
> http://www.cme.com/trading/mem/price/newtrade9204.html
> ##########################################################
>
> Thu, 18 Jan 2007 4:19 AM ( 1 day ago ) Text view
> HTML view
> Print view
> From "Baum, Christian" <CBaum@cme.com> [Add]
> To SSSS
> Subject FW: New Incident - EIP new trader programm (070117-000144)
> Dear SSSS
>
>
>
> To see whether you would qualify for the new trader program I would need
> to know more. Best way is to call me.
>
> In any case, you would first have to apply for the EIP program. I have
> attached info about the program
> --
>
 
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