you need some help on: best hardware best software best data best connectivity best clearing like others have said "never" use "wireless" anything - it takes time and money to figure all this out get to it. when i manually trade i use a game controller it's 10x faster than a mouse.
Thank you for responding. Will I have this issue if I use limit orders and stop orders to enter the trade, rather than market orders? I am sorry, but I am not understanding why duration of time is so important. I am just enter trading and exiting trades. What does it matter the time it takes for order to reach broker? It is something I can not control, right?
Of course not, since limit orders are sitting at the exchange until being filled. For stop orders, it depends if the orders are held locally on your device or on a server on the brokers side.
Hello rb7, Maybe I am confused, sorry, but what is wrong with the order being received in 250 milliseconds? Is that not fast enough to fill a 1 to 1000 ES contract order?
Hello DevBru, Thanks for responding. So if limit orders fixes the issue with speed of fill concerns, why not just limit orders to when trading if speed of fill is a trader's concern?
We have specific set ups for high volume traders like you. I personally will set up either with CQG or Rithmic and explore CME membership or leasing a seat. Happy to assist personally if you like via PM.
There's nothing wrong with that. I don't know why you assume this. And the 250 ms is not the time the order being received, but the whole round trip response time between sending the market order and receiving the fill.
The order type is irrelevant for the time it takes for the order to reach the exchange. In fast moving market, you want your order to reach the exchange as fast as possible in order to reduce slippage.
This is true, only if you want to open a position right away, aka buying with a limit above current market price. If you have a limit order resting on the exchange there will be no slippage.