anyone here trade from california. I curently trade a t any prop firm been doing so for 4 years now. Thinking of moving to la and trading remote. Ive gotten mixed responses over execution speed. Some people told me there be no lag as long as i get a business class connection or better Others told me since you dont have a direct connection to the exchange you are still routing your orders to the remote server and they are then routing your orders to the exchange Since i am a scalper and every milisecond counts this is my biggest concern any one with any input. Thank.
there Cy group on Wilshire in LA and several Bright trading offices in LA/Orange counties, but there waiting lists i think.. Also there 2 man trading office of HOLD brothers in Huntington Beach, I think its an "affiliate" office
i scalp german futures from my apartment in santa monica over a regular time warner internet connection and its fine. at this point in the game if you arent running algos from a box co-located at the exchange speed is basically irrelevant. trading skill is what matters now-being disciplined and picking your spots.
It's not easy getting around a distance problem. Being at least 25 msec away makes it a tough scalping environment. But there are shortcuts. For example have a algo server based in NY, where you tweak parameters. Several guys in California trade this way. ...greg