Is anyone running automated and colocated near the exchange? What kind of latency do you get and how much does it cost you to rent a server? Would you kindly PM me? Thanks, Joel
Serious players run black boxes at around 1 ms latency. You probably do not want to be competing with these guys. See page 4 of this thread for rough costs to play if you must: http://www.elitetrader.com/vb/showthread.php?s=&postid=1264471&highlight=latency+ms#post1264471
I need to walk before I run. At this point I'm looking at colocating with Velocity. I can then connect to the TT FIX adapter over the LAN and get 20ms or less (I think, need to check). My ping time to Chicago is ~220ms so colocating should give me a huge leg up.
Also, you can be within 4ms with Dorman, ZenFire and the CME so maybe I'll go with them instead. That's time from trade to confirmation.