Hi folks, something I want to ask and discuss: I got access to a arbitrage software called SharpTrader. I took a look and found its LD feed is just from LMAX and not surprising from its symbol name (the symbols are not renamed) But its NY feed is indeed faster than a lot of brokers (I tested with a few NY based brokesr, at least 50 ms faster, sometimes 200ms) and I cannot figure out why. I mainly focus on Gold (XAUUSD). I assume it will not be LMAX NY since the symbol is just XAUUSD. Do you guys know where it could be from? Will it be from Rithmic or Cgq? But if so, which symbol is it? I don't see a match. Because gold future is normally single digit precision and is usually quite off from the spot price. But the XAUUSD feed I saw, is within spot price range with a spared of $0.3 ~ $0.4
Honestly how their product is doesn't matter to the topic right? The algorithm for arbitrage is quite simple and it is supposed to work if you get a good feed