Ninja + Zenfire vs Ninja + TT feed

Discussion in 'Order Execution' started by hanzahar, Aug 15, 2008.

  1. RandomX

    RandomX

    Have you noticed a change of granularity of bid ask volume in the DOM?
     
    #131     Feb 5, 2010
  2. I havent.. And what is the change?

    Good / Bad / Dont know (delete as appropriate)
     
    #132     Feb 5, 2010
  3. emg

    emg

    Zen fire is a marketing name based on rithmic technology. People who have zen fire are paying a bit more on commission based on the marketing name only.
     
    #133     Jul 7, 2010
  4. the reality is something is wrong, and delayed,

    too much is going down the pipeline, its no longer customized and specific for emini and futures contract volume data and order management.

    while no one really knows, probably because of licensing, non-compete and other contractual restrictions many customers of the common brokers offering their emini data feed services have consistently and openly shared their complaints and frustrations with losing trades because of "whatever",

    even when they're faced with consistently correct timed trades.

    so is it bandwidth, over population with too many instrument types and categories or whatever?,

    one thing is certain, during trading hours requests to repopulate a chart either for (ninja trader terms used here) replay or back-fill historical chart data, are refused and hang the application, because those servers are either offline or too low priority

    one would think that's good load balancing and good server management, but that's only good from the perspective of those selling services, not from the user or customer perspective.

    the customer / user, is concerned, not just with data but getting risk management right, trades entry and timing right, reasonable collateral volumes (other participation) confirming his orders and producing consistent profits exceeding his losses or her losses. the customer is intolerant of failure and excuses. the customer base continues to shrink, rotate and wither because of competing service offerings having nothing to do with their ISP connection or their trade timing.

    so when one avenue has many thousands of retail traders all piling in through one avenue, after its been filtered through two or three IB's (introducing brokers), they're either never hitting the exchange servers with their orders or being crossed and filled in house well before their orders ever being counted. its either that, or the order matching algorythms have either been compromised or surpassed by others who have figured out how to rig this multi-billion dollar trading venue.

    either way to sunday, something remains wrong in the turnip patch....
     
    #134     Apr 3, 2013
  5. do you understand what you have said? yourself?
     
    #135     Apr 3, 2013
  6. tallpaw

    tallpaw

    Either saying his slippage is big time ... or not getting the fills and losing money. limitdown .... who is your broker ???
     
    #136     Apr 3, 2013

  7. Aside from the name zenfire - I don't see any substantive difference in the feeds.
    The raw data coming in to my NT charts is coming off servers registered to Rithmic
     
    #137     Apr 3, 2013
  8. Atomic Dog,

    I think the dog done caught his tail, and ran his words in a circle

    I was saying that too many are coming through too few inputs into the exchange, and

    as a result, too many are stepping all over themselves, and as a result order execution and pricing are not being achieved, as printed in the domes


    also, because so many retail products and customers are congested through one pipeline, stuff happens, and NOT in the favor of the retail customer.

    the NYSE recognized this inevitable situation and always publicly stated that the Specialist would resolve conflicts in favor of the customer (retail order customers). there's no such public statement (or not as broadly made known, if there is) with respect to e-mini trading.
     
    #138     Apr 3, 2013