What is Acnt/Bcnt on the DOM mtrader?

NexusFi · 2018-09-28T00:49:15-04:00

Have you tried google? This took me exactly 10 seconds to find. Thanks. I found that picture yesterday. My question is more in the frame of how do Bcnt and Acnt differ from the resting limit orders on the price ladder? Do they more represent the available contracts at that order vs resting limit orders equaling first right of refusal when price reaches a level? Do Bcnt and Acnt represent the real state of the auctioning process?

Discussion in Platforms and Indicators

Updated September 28, 2018

What is Acnt/Bcnt on the DOM mtrader?

September 28th, 2018, 12:49 AM

#11 (permalink)

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tpredictor

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

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