Registered: May 2002
07-27-12 12:57 PM
Quote from amazingIndustry:
I dont quite understand:
a) power redundency? You dont get that with a standard dedicated server?
b) direct connection to internet backbone? See a)
c) Hugely disagree with you that cloud computing is not about processing power and storage capabilities. Its ALL about processing power and ALL about storage capabilities. Not just in non financial application such as Apple's cloud or Google cloud enabled services. And for me its quite the opposite from what you stated. I would want to run live trading on as little machines as possible given there is no starvation of resources. The more hops you have the higher the latency and lower the throughput. Plus most importantly, the more potential for things to go wrong and to recover. What you really want to use a cloud for is to run some massively distributed testing algorithms and ways to compute complicated functions in parallel fashion for back testing purposes. So I could not disagree with you more.
The reference to power redundancy and connection to the internet backbone are my personal requirements for using either a cloud or dedicated server solution. I get a power surge or power failure about once a month that can cause my computer to crash. My DSL connection drops out about once a month also. These both present problems for ensuring I receive my trading entries and exits.
Sure, plenty of people use these services for storage and processing power but they are not a requirement for me personally. If I was going to backtest or data mine, I'd just do it on my desktop machine.