I'm building a web based trading bot that will probably execute about 50 to 200 trades per minute and I'm wanting to get the best execution speed. Can anyone recommend the best hosts for this (it would also have a www page for my access). I have websites that I host over at Bluehost, but not sure if it's fast enough or maybe closer to the exchanges (or is this only necessary for HFT?). Any thoughts on what I should look for from a speed perspective as well or maybe hosts that are geared towards this, etc? I'm a smaller retail trader, so not looking for anything extremely expensive at first. Thanks
"web based', "50 to 200 trades per minute" and "smaller retail trader" don't generally go in the same statement. But to answer your question, just google "trading VPS".
At 50 to 100 transactions per minute, I doubt that any VPS can keeps up. You will probably need a dedicated server, a vendor such as AWS that can dynamically scale the hardware as needed. Remember also that you may need to factor in the software that is generating these transactions.
Well, I'll be trying a bunch of different strategies simultaneously up front, so could be up to 1,000 per minute actually, until I narrow it down to see what I'm really going to run with. thanks - found some trading VPS servers too.
Just remember that if you average more than than 390 option orders (if that's what you trade) per day (filled or not) during a month you will be flagged as professional, be charged accordingly and lose priority benefits. https://markets.cboe.com/us/equities/trading/offerings/retail_priority/ https://listingcenter.nasdaq.com/rulebook/ise/rules/ise-options-1