Recent Content by Joe D

  1. Direct Globex connection

    If you KNOW that it's horseshit and that your quotes can never be sixty seconds behind the market, then it must be so. There is no point in...
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures

  2. Direct Globex connection

    Yes - you are right that's why one set of logs isn't going to tell you squat. It really is very variable. How often? That usually depends on...
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures

  3. Direct Globex connection

    .... and I've never seen such vehement clinging to uninformed, untested and flawed beliefs. How do you know it's always milliseconds? It...
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures

  4. Direct Globex connection

    No - what I'm saying is that going from NY to Chicago directly is faster than going via Atlanta.
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures

  5. Direct Globex connection

    Yes - there are many options to fire off trades quickly, like setting up your own hot keys or using the delivered configuration etc. I've seen...
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures

  6. Direct Globex connection

    The software you mention above is GL/Trade. That costs $200/month. The VPN is another $200/month but option 1. allows you to BYO - T1, ISDN or...
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures

  7. Direct Globex connection

    Your broker's order is not routed directly to the book (the CTE, Central Trading Engine). It is routed to the SLE which serves as the gateway for...
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures

  8. Direct Globex connection

    The CME only vaildates once - it does so for trades regardless of whether they came in direct or via a broker and that validation process is the...
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures

  9. Direct Globex connection

    You just don't get it do you? Do you think the CME simply accepts your broker's validation and allows your trade to enter Globex without it...
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures

  10. Direct Globex connection

    You presuppose that I accept your assumed times which have vacillated from 5 to 70 - my testing and your uninformed guesses show that you have no...
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures

  11. Direct Globex connection

    Cooltrader, Yes the saving is from eliminating the middleman - the IB. That's what I meant by saying "directly through an FCM". Front...
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures

  12. Direct Globex connection

    .... and your order goes through the same server, the same process but after it's been to your broker's machine - wherever that may be.
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures

  13. Direct Globex connection

    Did you know that item #3 involves risk management control that is in the form of a clearing record that is held at the CME - NOT on my broker's...
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures

  14. Direct Globex connection

    Banjo, Yes - Stops are held within Globex on their own separate server. So, once transmitted, they will be there. CoolTrader, The cost...
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures

  15. Direct Globex connection

    You're just making assumptions again. As I said before, you clearly haven't tested these different platforms side by side so you really don't know...
    Post by: Joe D, Sep 9, 2002 in forum: Index Futures