Good broker for automated futures and options trading?

Discussion in 'Automated Trading' started by snackly, Apr 6, 2009.

  1. x_diver

    x_diver

    Did this data come from X_TRADER or the TT FIX Adapter?
     
    #31     Apr 16, 2009
  2. TT Guru

    TT Guru

    RedRat,

    TT does not aggregate last traded quantity by default.

    There is a gateway setting in the Aconfig that may be set to aggregate last traded quantity. This is off by default but in your case, it sounds as if the flag has been set to on so the last traded quantity is aggregated.

    Please contact your FCM / TAM to look further into this.

    Regards,
    TT
     
    #32     Apr 21, 2009
  3. RedRat

    RedRat

    My data came from TT FIX Adapter.



    Thank you for support. I am personally satisfied with incoming data. Right now I do not need tick quality. In the future I will contact my broker.
     
    #33     Apr 21, 2009
  4. x_diver

    x_diver

    So if you need to set TT to coalesce market data (bid/ask) at 100 millisecond intervals in order for Ninja to work properly, then I'm assuming that Zenfire is also coalesced for Ninja?
     
    #34     Apr 23, 2009
  5. jjw

    jjw ET Sponsor

    the market data for ninja through Zen-Fire is NOT coalesced (filtered, aggregated, ...).
     
    #35     Apr 23, 2009
  6. x_diver

    x_diver

    So then if Ninja can handle the full feed from Zenfire, why can't Ninja handle the full feed from TT? This is very strange. Can someone please explain this?
     
    #36     Apr 23, 2009
  7. taotree

    taotree

    I can't promise this is why, but there is at least one significant difference:

    Zenfire is binary data. TT is FIX. FIX is a text based protocol with tags and so it takes a great deal more processing to parse and handle it. It is likely it takes significantly more bandwidth, too--though that depends on if it uses fastfix or not (I'm not sure if it does--I haven't seen anything that says it is, so I assume not).
     
    #37     Apr 24, 2009
  8. But that SHOULD not make a difference, unless somoene runs a strategy on hundreds of stocks. Parsing 1000 lines of text per second should not really stress a modern cpu.

    I am doing conversions of historical data at the moment, and I run through 20.000 files of daily closes in just a minute or two, incoluding all file overhead (open, close). That is a lot more tick per second than the fix stream does.

    Must be imho some programming glitch in the connecting code.
     
    #38     Apr 25, 2009
  9. taotree

    taotree

    20,000/minute is only 333 per second.

    It's my understanding that ES data at least (which is what I was talking about at the time) can be a LOT more than 1000 ticks per second when news hits or something like that. Keep in mind that it handles market depth as well. Sometimes there can be 1000's of ticks per second. Multiply that by depth of market (5 on each side, so times 10 and also times it changes more than ticks happen) changes and it could be some 10k-100k lines per second.

    And some people do run heavy strategies/indicators across multiple instruments and such.
     
    #39     Apr 25, 2009
  10. Hi I'm looking into a new broker and chart set up, so far in my simple way, Mirus Futures with Zen fire and Nija seems to be a good choice for reliability and quickness ? Is tht a fair statement , coming form a IB user and TS probablity ? Any info' would be much appreciated.
     
    #40     May 2, 2009