MLS - Cost Estimates

Discussion in 'Automated Trading' started by bone, Sep 9, 2016.

  1. bone

    bone

    Machine Learning Systems, an appropriate exchange interface platform, with the ECN to properly take advantage in terms of execution - $30K per month.

    As a marker, RTS is $18K per month - and that's just the execution system w/o any machine learning front end or $16K per month co-located ECN.

    Mat-Lab, Bloomberg, execution through Knight - $10K per month all development on you exclusive of advantageous ECN costs.

    Just throwing some numbers out there for those who think automation and competitive execution an advantage...

    Please profer REALISTIC alternative price points...

    I am not antagonizing - looking for real world pricing that competes execution-wise with your counterparts.

    And FUCK NO, Ninja does not compete with Jump or DRW for fills. Don't even start ...
     
  2. Handle123

    Handle123

    It is like the difference of going to Daniel George nice tailor on Michigan avenue selecting whatever your needs, sipping a nice coffee as tailor is showing you material, he knows your name and uses it enough then takes measurements so that to make you look and feel the best you can be for couple grand. Then other flip of the coin, where the masses shop at Penny's buying off the rack.

    You can start small and build up, enjoy the process.