Lowest Retail Speed?

Hi all,

I have a pretty good setup right now in terms of speed. I'm co-located about 1ms from my data provider, and 3ms to broker. I run an algo which processes data and sends out an order in under 1 micro. Biggest hurdle right now is that I'm stuck with IBKR for a variety of reasons and their order ack is 75-130ms. So that essentially ruins any benefits I might get on speed. If I switch brokers I could probably get down to 5ms from data to order ack/trade. Currently programmed in c++.

I have 2 questions. Anyone here have a setup that is faster on any front? Just looking to connect with traders that have hit the bottom of the barrel in terms of speed for a retail set up, hear what your set up is like and what hurdles you crossed in order to get latency down.

2nd question is what types of strategies are available to me with my "speed advantage" as opposed to other regular retail traders trading from home?

 

I heard Ross Cameron ditched IB because they were too slow on fills. I believe he currently uses Lightspeed.

 

Lightspeed Trader has a C++ API for order entry, not data, and I have no latency metrics.

 

Ya I really want to switch to lightspeed or lime, but they don't have a feature I need at the moment

 

We are not lime any more. What feature is that? You can email me directly if you do not want to post. My email is in my signature.

 

Check out the documentation on Das Trader Pro and their API

 

Check out

https://www.speedytradingservers.com/

 

Thanks for the replies, DAS was interesting but also missing some functionality. Also DAS would not speed up my routing at all since im using IBKR. They are just a front end and support some DMA with other brokers. But with IBKR it would route through DAS then IBKR so it would be slower.

Also appreciate the VPS rec, I'm using a vps right now that is decent.

Any other things I should consider in terms of speed increase?

What strats are people using the speed for. I assume mostly scalping but it would be interesting to see what else people have attempted.

 

Regarding DAS and order fill latency: if fill latency is a priority, you can use other brokers than Interactive Brokers. I am using DAS with Cobra Trading and the fills are much faster than what you quoted for IB (75-130 ms). I have been using DAS API/Cobra for US stocks for years and it works really well. You don’t mention what functionality is missing via DAS API so I cannot comment on that part.

 

@anderscl

Thank you! I'll check out cobra and DAS. Not mentioning the functionality since it would dox myself to some people haha