I'm not sure of the exact cost depending on tiers of membership. If you're just looking for direct colocated access though (as opposed to the...
1) No. 2) Possibly, if 'placing' means hitting CME's matching engine, then no. There's a lot that happens between the time you send your order...
I don't personally know anyone that really makes money (consistently) doing MFT at home so this is pure conjecture from me. I'd consider starting...
There's all sorts of ways to encrypt/permission files. Some firms are wide open (less and less these days). Most just use basic linux file...
You can't know for sure on CME. You just make your best guess at it. Keep track of the size ahead of you when you place your order, then whenever...
From what I do know about equities (again, caveat that it isn't too much), the alphas have less to do with the primary exchange's microstructure...
If a seat is available you buy one, it just comes down to a relatively straight-forward accounting breakdown and is usually a no-brainer. We still...
"Never failed" is a bold statement. I'd say the most reliable strategies that mature HFT firms run are inter-exchange arbitrage and spot-futures...
There are some that come to mind that makes handfuls of ticks each time, but that's primarily due to the tick size and liquidity of the market...
There is some AI involved in some strategies - it varies a lot across all of the strategies we run. You need both some smarts and speed in all...
We use our own execution engine because everything is customized down to very very exchange-specific interactions. It's probably less a matter of...
Ebb/wane is a bad description. "Decay" is a better term for it. So we have edge by defining alphas/etc, but without any proactive analysis its...
1. Yes, lots of them, PNL ebbs and wanes in all strategies, including the single product scalpers (pick your symbol, ES, EURUSD, ZN, FESX, ...)....
I don't think I fully follow his logic (and at first glance I think he doesn't go into details about what his alpha really is that triggers the...
1) There is some value to depth if analyzed properly, and it depends more on the overall liquidity of the product rather than the speed (i.e....
Yes to all.
None. Local time is local time, and packets from everywhere are captured by a single capture card or server in each colocation. Nothing else is...
Yep. However, 'marketable' is a very fickle term in HFT. But yeah, basically there is some price you're willing to buy/sell for and that's what...
No. We implement our own stop and market order type logic.
Not sure if size/competency have as much to do with it as much as belief in and approach to the process. The strict MM'ing backtesters that I've...
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