Itch and Ouch....

Discussion in 'Trading' started by trade-ya1, Jan 15, 2004.

  1. Anyone know what I'm talking about? Anyone have any experience writing directly to Island? Please advise. Thanks.
  2. yes,

    do you want to write a trading app (ouch) ?

    if you only want market data (itch),
    this is an expensive way.
    I think it was several hundrets...,
    much cheaper if you choose myTrack or esignal etc...
  3. Gold mining stocks ? :confused:
  4. Isn't the speed of trading and stability of the connectivity worth the extra $$$? ALso, how much are you talking about and who does that get paid to? Please advise. Thanks! Neal.
  5. Uhhmm... I say: not worth.

    Both ESignal and TrackData are also stable as hell... :)

    I do not remember the exact value how much it costs (ITCH feed), but I thought it was $300 / month.

    For a direct exchange feed, this is next to nothing, but do you really need it ???

    The speed depends, I assume you would have a IP solution anyway, so it would not be much faster than through a vendor (maybe 50-100ms less latency).

    You would have to fill in forms and send payments to the Island Corporation. They had that stuff on their web, dunno how it's now.
    (Instinet )

  6. It is $400 now.
    They must have raised it, maybe due to INET merger
  7. My guess is that the speed edge is next to nothing nowadays. 2 or 3 years ago, it might have meant something.