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AFAIK CQG has servers in Sydney (203.192.64.1xx for data, 203.192.64.137 for trading) and Singapore.
But depending on your broker the trading server may not be the closest one.
You can easily find this out in checking to which servers is connected your trading software (using the Windows Resource Monitor if you're using a Windows machine).
To ping something open a PowerShell window and type the ping <address> command:
so i did a ping and it seems cqg automatically directs me to the singapore server (i live in china).
my question then is, is there any benefit to this?
let's say i place an order through the SC platform for one HSI contract, what's actually going on beneath the scene?
i assume it goes something like
1. china -> singapore cqg data center (check margin)
2. singapore cqg data center -> chicago (whatever clearing firm AMP uses, they use several diff clearing firms incl GH financials)
3. chicago -> hkex exchange (order placed)
4. hkex -> chicago (clearing firm)
5. chicago (clearing firm) -> singapore cqg data center (confirmation of order submission)
6. singapore cqg data center -> china (order confirmation pop-up)
if this is true, there's really no benefit is there?
hopefully someone knowledgeable can finally shed some light on what's actually happening when placing an order. where do you even begin to learn stuff like this lol
The benefit to what? finding a server where it all happens together?
Are you feeling the latency in execution or Slippage? I think that you got the process pretty much right where Chicago makes the risk management checks. But, again do you feel you experiencing severe slippage or lack or limit orders not being executed? I find that the millisecond difference does not always affect traders in any material way.
Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
i meant what's the benefit of being automatically assigned to the CQG singapore data center (calculated based on my location) if it has to bounce back and forth across the pacific ocean for clearing anyway? (since we're talking about a US broker here)
and actually, the latency was visibly noticeable although as a discretionary trader, it's not the biggest deal ever. still, it's worth pursuing w/e improvements possible.
I am not sure how he is configured to have such latency. I could call CQG to help him out if he reaches out to me.
Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]