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Rithmic
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Rithmic

  #121 (permalink)
Market Wizard
Boca Raton
 
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Futures Operator View Post
Could you be more specific, what type, quality, and down/up speed connection is needed?

How does a typical home broadband cable company setup of 15mbit down/2mbit up/35ms ping to Chicago fare, with a fast unfiltered tick by tick feed?

Is there benefit in going faster, or how much bandwidth can the feed effectively make use of?

This is a really good question.
I would say that most cable companies would facilitate Rithmic, but I promise to get back with what would be minimum and ideal.
Let me check with Rithmic.
@liquidcci and @lancelottrader are active and highly knowledgeable traders that could share what they use.

Matt

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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  #122 (permalink)
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Futures Operator View Post
Could you be more specific, what type, quality, and down/up speed connection is needed?

How does a typical home broadband cable company setup of 15mbit down/2mbit up/35ms ping to Chicago fare, with a fast unfiltered tick by tick feed?

Is there benefit in going faster, or how much bandwidth can the feed effectively make use of?

I use a remote server in a data center so get a much better connection. But your local cable internet should work fine from a spec standpoint but is more susceptible to potential issues. But those issues are not rithmic specific and can affect any feed if you are using a retail home type internet connection.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."

Last edited by liquidcci; September 1st, 2012 at 05:10 PM.
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  #123 (permalink)
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liquidcci View Post
I use a remote server in a data center so get a much better connection. But your local cable internet should work fine from a spec standpoint but is more susceptible to potential issues. But those issues are not rithmic specific and can affect any feed if you are using a retail home type internet connection.

Hi Liquidcci, about how much it costs for a remote server leasing? If just use minutes charts, no tick chart, no range chart, or other fancy charts, do you think it still has potential issues using local cable internet? Thank you.

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  #124 (permalink)
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manualtrader View Post
Hi Liquidcci, about how much it costs for a remote server leasing? If just use minutes charts, no tick chart, no range chart, or other fancy charts, do you think it still has potential issues using local cable internet? Thank you.

If interested in a remote server @sam028 can help you out see https://futures.io/vendors-product-reviews/21198-speedytradingservers-com-review.html

As far as choosing between something more robust like a remote server and using your own PC with local internet connection it just depends what you are doing. Your issue may not even be with your cable connection just threw that out as a possibility. A remote server in a data center does offer lower latency if close to exchanges and redundant reliable connections. But many trade using local home internet connection and do well. Just depends on your situation and what is important to you as a trader.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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  #125 (permalink)
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liquidcci View Post
I use a remote server in a data center so get a much better connection. But your local cable internet should work fine from a spec standpoint but is more susceptible to potential issues. But those issues are not rithmic specific and can affect any feed if you are using a retail home type internet connection.


liquidcci View Post
If interested in a remote server @sam028 can help you out see https://futures.io/vendors-product-reviews/21198-speedytradingservers-com-review.html

As far as choosing between something more robust like a remote server and using your own PC with local internet connection it just depends what you are doing. Your issue may not even be with your cable connection just threw that out as a possibility. A remote server in a data center does offer lower latency if close to exchanges and redundant reliable connections. But many trade using local home internet connection and do well. Just depends on your situation and what is important to you as a trader.

Thanks Liquidcci. I just suspect the quality of Demo Rithmic feed, and live Rithmic may work well, and I will do the test next week at the EIA report period. When this happened last week, I have IQ Feed and IB feed running at the same time, and there were no lags with them. I use a Dell workstation T3500 with 6 cores, 12 gb memory, TW cable down 18 mb, and have minutes charts and daily chart only. When I tested it, I use SC platform, and I can test it with NT and MC as well, and report back next week.

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  #126 (permalink)
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manualtrader View Post
Thanks Liquidcci. I just suspect the quality of Demo Rithmic feed, and live Rithmic may work well, and I will do the test next week at the EIA report period. When this happened last week, I have IQ Feed and IB feed running at the same time, and there were no lags with them. I use a Dell workstation T3500 with 6 cores, 12 gb memory, TW cable down 18 mb, and have minutes charts and daily chart only. When I tested it, I use SC platform, and I can test it with NT and MC as well, and report back next week.

@manualtrader I think your setup should work fine even using a retail internet connection. I would suggest not using IB feed if trading futures because it is filtered. Some don't care if filtered or unfiltered but I personally want all the data coming through my charts. I will say rithmic has performed extremely well for me --- very fast and very robust and my main instrument is CL which can really move.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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  #127 (permalink)
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liquidcci View Post
If interested in a remote server @sam028 can help you out see https://futures.io/vendors-product-reviews/21198-speedytradingservers-com-review.html

As far as choosing between something more robust like a remote server and using your own PC with local internet connection it just depends what you are doing. Your issue may not even be with your cable connection just threw that out as a possibility. A remote server in a data center does offer lower latency if close to exchanges and redundant reliable connections. But many trade using local home internet connection and do well. Just depends on your situation and what is important to you as a trader.

@liquidcci, correct me if I'm wrong, but to clarify, for @manualtrader or anyone else, a remote server could only be beneficial if you are trading an automated system/algo that is executing on its own, as any discretionary trading which you manually execute, would still first also go through the ping/latency/bandwidth of whatever connection you are sending orders from.

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  #128 (permalink)
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@liquidcci, correct me if I'm wrong, but to clarify, for @manualtrader or anyone else, a remote server could only be beneficial if you are trading an automated system/algo that is executing on its own, as any discretionary trading which you manually execute, would still first also go through the ping/latency/bandwidth of whatever connection you are sending orders from.

@Futures Operator that is how I have always viewed it but @sam028 is really the expert on it. I think he may have some data that says otherwise. I am basing that on something I think he said but don't quote me on it because I may have my wires crossed. If can get him in this conversation he can be very helpful.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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  #129 (permalink)
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  #130 (permalink)
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Futures Operator View Post
@liquidcci, correct me if I'm wrong, but to clarify, for @manualtrader or anyone else, a remote server could only be beneficial if you are trading an automated system/algo that is executing on its own, as any discretionary trading which you manually execute, would still first also go through the ping/latency/bandwidth of whatever connection you are sending orders from.

Remote servers are mostly used by algo traders, for obvious reasons (speed and reliability). Auto-trading from home/office with a retail Internet connection shoud be avoid with real cash, it's only good with simulation account, or with an active human monitoring.
But a NT ATM can also be seen as an algo (the exit logic is hosted by NT, on your local machine), that's why some discretionary traders use a remote server. A good ATM, in a trendy market, can stay in position few days: if this job can be done by a remote server (reliable, no noise, ...), that's not a bad idea.
And, for limit orders, hosted by the trading software, the fills are usually better in this case (order sent and executed in few ms, vs around 100ms to 500ms with a retail Internet connection). I had an example few months ago, with a guy unhappy because of the slippage he had on a trade, 20 ticks with a 5 ticks stop, on CL, during the oil inventory news. After analyzing this trade, we found that the whole trade took less than 16ms (Windows can't measure anything below 16ms), and if he took the same trade with his own Internet connection/office workstation, he would has lost 80 ticks...
So it can also be used for discretionary traders, looking for better fills and more reliability.
A remote server is useless or can have a negative impact on the P&L for traders using market orders, sent by their right (or left) index, or when too much data is transferred from the remote server to user's screen (8 screens with NT cross-hair cursor for example ).

Moderator Note
If you don't mind, I'll move some of these posts in this thread for example, more related to remote server stuff.

Sam


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