Take it easy.. You simply did not get my point. My project has two targets. 1- First immediate target is to use either tradelink or multicharts and to hire programmers to code the strategy for me. For this target i could accept a compromise to play slower rhythm that match the capability of the platform and broker server/limitations. 2-Second later target is to start from now to learn JAVA to be able to be involved in the process of development of a more capable automated trading system. In this case, my option will be Algo Trader or marketcetera as softwares. Regarding your question...10K trades to do what?. I did not understand it. Thank you
This link is not wikipedia but saying something different. http://www.technologyreview.com/featured-story/416805/trading-shares-in-milliseconds/ "In his position, Jacobs regularly sees algorithms executing more than 1,000 orders a second. At that rate, one algorithm trading the wrong way could execute 120,000 orders in two minutes. " BTW, Jacobs is the COO of the New York City-based Lime Brokerage
I'm not asking how you know what the expected execution latencies are. I'm asking how you know what your latency requirements actually are.
ULLDMA applications cost anywhere between $25,000 - $100,000 to develop. And that's outsourced; Ukraine, Pakistan, etc. All your IP is at risk, even if you modularize development