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Toronto, Canada
Experience: Advanced
Platform: NinjaTrader, SierraCharts
Broker: Amp/CQG, IB
Trading: CL, GC, 6E, ES, RTY, EURUSD, GBPJPY, AUDUSD
Posts: 352 since Sep 2010
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It's a definite hazard, and depending on either a web stream or other feed for live news, and/or trading is a losers game for lots of reasons, least of which is actually trying to trade the news event.
But that aside, I think the Canadian aspect complicates things another layer; I'm not an expert, but Canadian satellite providers, as they take over the US feed version of the programming, will actually often superimpose their own commercials over top of the existing feed (for revenue) and I expect they need a purposeful delay to make this happen; it used to be that even OTA and/or with cable, you could catch a fraction second snippet of the US commercial, then the Canadian one comes on, but technology has pretty much eliminated that over the years.
And if you watch enough web feeds/TV, you notice things like the 3 bloomberg feeds all have different delays, and when they're broadcasting EU bureaucratic stuff and you can watch it direct from the EU source, it's hit-and-miss on which one is 'faster.' On the other hand, proper paid services like CME pit audio and Talking-Forex are pretty much realistically live. It's all really "user beware."
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