Anyone know what I'm talking about? Anyone have any experience writing directly to Island? Please advise. Thanks.
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...
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.
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 )
My guess is that the speed edge is next to nothing nowadays. 2 or 3 years ago, it might have meant something.