robert, i think there was a platform called cyborg made for sterling that did just that. think they're called embium/quantica now.
"I haven’t taken this issue up with Bjarne..." your arrogance is the only thing stopping you from truly learning.
running arbs in userspace is probably not going to happen. all your competitors have been in hardware for years now. unless you have a 6-fig...
This is in no way meant to be rude, but your current API message limits are 50 orders per second. Not much "flooding" is going to occur at that...
You have any references or even anecdotes for this? Intraday real-time margin requirements are lifted at 5M PMA. Why would any of these firms deal...
are she/you legging into these spreads? curious how you're working them if not (have never used IB for spreads this large). just combo limit...
Relying on something you're not sure about is usually a good place to check for mistakes. In this case, you should probably be sure. SET prices...
You might try and open yourself to the idea that no learning is regressive. Coming across information, whether misinformation or informed, isn't...
it's not a sham, what you're describing is a natural consequence of a fragmented market design and that's EXACTLY how you would expect it to...
it's $2200/mo for cqs/cts and nqdf/ntdf, which cover quotes/trades for nyse/amex and nasdaq listing exchanges respectively.
the scenario you describe is VERY rare nowadays. in the past, it would only take place when a large size trade would unwittingly be sent to a pool...
100 shares on illiquid stocks, assuming you're ok with paying the spread, aren't going to get "skimmed". market makers like that type of order...
i agree with this. when i priced it out it was around 15-20k/mo to pull all the direct feeds with a single market center colo. but you can...
actually i think the fishing analogy was pretty good. i'll try to do another one... most people don't know what fresh fish even looks or tastes...
no, commercial fisherman just try and catch as much fish as possible and then sell it to a canner/distributor or wholesale market. i'll let you...
there's no order type that would allow anyone to jump in front of a non-marketable resting limit with time/price priority on the lit markets....
just because the stock market has publicly tradeable companies, doesn't mean that access to the market has to be equal _at every useage level_....
you need to be more specific about what "non-public order info" is. if you're referring to market data, there's no such thing as "public data",...
as long as your source is not insider, there's nothing illegal about front-running. if it were, you'd have to arrest all those idiots camping out...
what cross-asset exposure would be hard for you to take, but easy for retail?
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