lol Pete..true on that. I dont know about others are being told and what they do.
From a Market Depth perspective...i dont trade of it. I like having it on the screen. Similarly an Hidden Order shown by any tool which is AFTER THE FACT is as good as one wants it to be. Again i dont really trade of it.
However i know what i am looking for. I will text you on skpe what am after. The tool I am after is possible after a reconstructed LOB is available. These are available today but the feeds prices are exorbitant. If one can afford bloomberg or for that matter something like Trade data - London Stock Exchange.
btw i am not sure why retail thinks of beating the big boyz or any
HFT. all they need to do is hang on to their coattails. Every
spike in any instrument can be seen. also when markets are up or down there is a definite correlation from certain KEY instruments(mother of all) in equities during
RTH. Retail needs to do their howework as none of this will ever be found in a
DOM tool. Now if they can find these details outside DOM....then they can capitalize on certain events which will happen IF THEY have instrumentation from a reconstructed LOB.
anyways if no vendor gives it to me. I will go at it my way. I will have this in my toolset end of 2018s max.
the costing from my end is pale in comparision to what i will get.
Exploring if auction dashboard is offering this...it has opened access to some l2 data....checking on it if it will serve my purpose.
If you do open up APIs....you should have a reconsideration of Jigsaw costs for the api.
cheers
