Direct connect through their [potentially slow] filtering, no? It's still second tier latency .. often with top tier costs.
"trade with money you can lose right?" I think this might not be the attitude your investors are looking for. Also .. you mention positive...
You're 23. You have time on your side. No need to rush. Trade on a simulator while you work on, and in a regular job. Build a career. Ideally...
If you want to be worked like a dog, for small pay, then CompSci. If you just want to monitor stuff, and adjust a couple of parameters, for...
+1 Internalization has created a 2-tier market .. the same liquidity is just not available to all. When was the last time a resting retail...
You're asking the right questions.. Time to visit wilmott.com.
I'd assume that this becomes: Market Makers - EXEMPT. Other Exchange Members [incl the rest of HFT] - EXEMPT. Automated traders...
If the edge of your strategy is approaching single tick territory, I think you'd agree that it becomes *all* about placement for an expected fill....
None of this means you will be *filled* at the prices the data indicates. Assume you'll have the honour of paying the spread .. one way or...
Months .. then transaction costs may not be an issue.. but carry will be .. plus or minus. Months .. hey Martinghoul -- what do you do between...
I think market makers [most HF] in HK get a reasonable rebate / concession. Also, remember that it's all about relative costs not absolute....
Oh well .. back to trading off spreadsheets boys. Hope you all remember how to press shift-F9. Oh, and to the army of HF tech-dorks we...
Agreed.
* I have coded against IB, as well as directly to an exchange or two. Currently, HFT is not so much about data latency as network latency....
:) Great conclusion! No free money, just a different risk profile.
Right .. ok, I don't want to be a dick .. but this nets to nothing, no? You are long. You get paid the div, and the stock drops by the div...
shorts pay it.
Which part of "just buy calls" would not work for you? Or .. buy some of the underlying now, and some later?
1. I think the relationship should be strong enough such that you can ignore the dividend adjustment in backtest. 1a. If not, then I suppose...
I have seen the opposite of this. The edge being in receiving the spread & the obligation being only for a percentage of the day. Also, the...
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