Praise to AMP they deserve it.

Back ground story.

I'm manually day trading from Texas and trades route to CME.

I placed market order with an attached bracket as pictured in attached image.



Won and done and confirmed in far less than 1 second.

.229 milliseconds to order.
.236 milliseconds from order to exit, which is dictated by many other factors like the market for one.

To me it's like I was trading the SP500 in a covered wagon with call in brokers to the floor.

And now I flicking orders from the cockpit of my formula car. People have no clue or appreciation for how good the technology has made it for the at home day trader.

Thank you AMP.

Mentions to my setup.

Multicharts software, CQG data, AMP brokerage

 

What was your previous coverd wagon setup ?

 

As mentioned in another thread TT is the best semiprofessional OMS you can buy off the shelf.
Depending on your broker you can have a sub ms autospread execution which is only 1500$/month

Not even worth paying for custom software unless you need additional connectivity or want to run your own server

 

well nothing beats an office in the cme building routed to mizuho bank but that was where you had to be to compete.

i have several small accounts all over the place and after some retirement time about 7 years now. i have a desire to make a shit-ton of money "for myself of course, no apologies" and some charities.

i have used and tried every product there is but when you consider products you can do yourself without staff that narrows it down to retail products mostly. there many great products and companies available like never before. i paid $10,000.00 for a gig of ram once, a Cray was close to 1mm back in the day, so to me it's a crazy great time for at home traders.

 

Which contract are you trading (EP???).

I have similar response times with IB trading the ES (CME) from East Canada (same distance to Chicago as Texas).

I'm guessing that the time stamps displayed are the ones local to your machine, and not the ones sent by the AMP server?

 

yes EP is actually ES it's just CQG's no conformist way of doing things lol

i need to confirm on time source, i have an opinion but wanna state facts.

 

I'm pretty sure AMP the broker doesn't really contribute to the speed of the execution.

 

it takes a whole tribe to get millisecond trades placed, filled and confirmed round trip from texas.

i also have an ironbeam account (had rithmic switched to cqg) and will be soon checking speed as well.

 

As an FYI, if you didn't know, AMP is located in the Cboe building. Not sure if that means that is where their servers are located.

 

yea i haven't been to the CME since they were in the old building - which i thought was the greatest place ever.

when a candidate for midam membership i remember the cbot was already crowded decades ago.

all of that financial district is on a closed sonet fiber loop - so being directly in the building has no real impact as it use to. it's kinda like all financial services located within that financial loop (several buildings within blocks of each other) are as one.