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What is Acnt/Bcnt on the DOM mtrader?


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  #11 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
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tpredictor View Post
This is so-called "level 3" information.

ICE has from their inception, not only shown every order at a given price, but also exactly where you are in that order. TT's XTrader always had something called EPIQ which is your estimated place in queue. CME have only semi-recently started divulging how many orders there in the order queue.

NOTE: From my understanding if you subscribe to the best of the best data feeds CME doesn't send you a snapshot of the order book. Instead they send you every single order... and you build the order book yourself... hence it's infinitely deep... assuming you get it correct. TT, CQG, Ninja etc traders ... need not apply!

tpredictor View Post
The fastest HFT strategies are operating in the 5ms-25ms zone (if I recall).

Way off. TT is that fast, and while TT is often considered professional it would be considered a dinosaur by HFT


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