Looking for the best asset class and platform to trade actively either manually or Algorithmically, I follow a market making stratergy that i know works for basically any liquid medium tick size asset in a CLOB. I need to know: Should I trade FX, Futures or Stocks to make the highest after fee return after taking in margin requirement impacts or all to diversify risk? What platforms should I use (I can budget $400 per month) so i am thinking Eikon, Trading technologies or lightspeed depending on which instrument i want to trade any other suggestions? What broker should i use for each asset class for lowest fees and margins? Should i use Algorithmic market making or manual I know TT has an ADL but i do not know if their colocation is competitive enough are there any viable alternatives, i am looking at HFT technologies? Any thoughts in connecting directly to exchange instead of having a broker, CME direct, Eurex membership or CBOE connect (EDGX+BATS), NASDAQ connect and NYSE DMA (NYSE+ACRA) or Eikon for FXall?
Dude, you want to compete in the tightest race and don't know, which market you should trade and if you should make markets manually or with a machine??
When i mean market making i do not mean Investment Bank or HFT and place and cancel lots of orders across multiple markets style I simply put in 2 way limit orders at certain points where there is not much of a queue for example in ES .25 and .75 have often less liquidity than .50 or .00 i found that providing liquidity at those levels gives a slight edge in capturing one or two ticks i am aware i cannot compete or aim to be like Goldman Sachs or Virtu and make money almost every day with little risk.