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CME Aurora Illinois Co-location?


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CME Aurora Illinois Co-location?

  #1 (permalink)
 LukePoga 
Sydney Australia
 
Experience: Intermediate
Platform: Rithmic API
Trading: ES CL
Posts: 63 since Jan 2014
Thanks Given: 11
Thanks Received: 24

Hi,

Sorry I dont see a Hosting section, I am new to futures, but experienced in low latency trading in other sectors. I am interested in trading CME Currencies. These are located in Aurora, Illinois.

Can anyone please suggest a good low latency server provider, preferably in the data centre or very close?

Also how do i get a low latency broker to the exchange? I am Australian. Is futures regulated or can I sign up to an American broker?


Thanks
Luke

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  #3 (permalink)
 
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 amoeba 
Sydney, NSW, Australia
 
Experience: Intermediate
Platform: Sierra Chart, Python, C#
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Trading: MJNK, ASX, SPI
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Might be something @mattz can assist with

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  #4 (permalink)
 
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LukePoga View Post
Hi,

Sorry I dont see a Hosting section, I am new to forex, but experienced in low latency trading in other sectors. I am interested in trading CME Currencies. These are located in Aurora, Illinois.

Can anyone please suggest a good low latency server provider, preferably in the data centre or very close?

Also how do i get a low latency broker to the exchange? I am Australian. Is futures regulated or can I sign up to an American broker?


Thanks
Luke

We can connect Rithmic, CTS and CQG for low latency execution.

I am not sure if you need an API to your own device or you have a platform in mind.
For example, if you have your script for automation, we can connect it to the appropriate API.
We suggest to try out a platform first and see if it meets your needs.
Just trying to be cost conscious.

Give us a few more details and we could help.

Thank you,
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]
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  #5 (permalink)
 
mattz's Avatar
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amoeba View Post
Might be something @mattz can assist with

Thank you for the mention @amoeba VERY nice of you!

Matt Z

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]
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #6 (permalink)
 LukePoga 
Sydney Australia
 
Experience: Intermediate
Platform: Rithmic API
Trading: ES CL
Posts: 63 since Jan 2014
Thanks Given: 11
Thanks Received: 24

thanks for the reply. all i need is to receive the tick and to send orders via c.

my algorithm is c and uses a bit of cpu so I dont know if that is suitable for hosted strategies. in the past i have found hosted strategies are more for convenience than performance, and a good linux server close to the exchange can have benefits.

as we both know latency cost scales exponentially so i was thinking just to get a cheap linux server <1ms RTT to establish proof of concept. is this something achievable?

on another note, do brokers publish limit order confirmation latency statistics in times of volatility? a 1ms connection doesnt help of your limit order takes 500ms to place!

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  #7 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
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LukePoga View Post
thanks for the reply. all i need is to receive the tick and to send orders via c.

my algorithm is c and uses a bit of cpu so I dont know if that is suitable for hosted strategies. in the past i have found hosted strategies are more for convenience than performance, and a good linux server close to the exchange can have benefits.

as we both know latency cost scales exponentially so i was thinking just to get a cheap linux server <1ms RTT to establish proof of concept. is this something achievable?

on another note, do brokers publish limit order confirmation latency statistics in times of volatility? a 1ms connection doesnt help of your limit order takes 500ms to place!

You can use C with Rithmic connectivity. I am not sure how time sensitive is are your orders and their frequency, however, all orders are measurable. It could be measured up to the nanosecond.

If you want a trial of the Rithmic API, you can PM me and I will arrange it.

Thank you,
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]
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #8 (permalink)
 LukePoga 
Sydney Australia
 
Experience: Intermediate
Platform: Rithmic API
Trading: ES CL
Posts: 63 since Jan 2014
Thanks Given: 11
Thanks Received: 24


mattz View Post
You can use C with Rithmic connectivity. I am not sure how time sensitive is are your orders and their frequency, however, all orders are measurable. It could be measured up to the nanosecond.

its very expensive to trial an order system, by placing live trades around times of news or volatility. this is something that would be useful to know about a system before signing up.

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  #9 (permalink)
 
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LukePoga View Post
its very expensive to trial an order system, by placing live trades around times of news or volatility. this is something that would be useful to know about a system before signing up.

How could you know any API's latency unless you directly placed a trade from your location?
Rithmic could get be subpar millisecond but it also depends on your location, ISP, and other variables that affect it.

Thanks,
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]
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #10 (permalink)
 LukePoga 
Sydney Australia
 
Experience: Intermediate
Platform: Rithmic API
Trading: ES CL
Posts: 63 since Jan 2014
Thanks Given: 11
Thanks Received: 24



mattz View Post
How could you know any API's latency unless you directly placed a trade from your location?
Rithmic could get be subpar millisecond but it also depends on your location, ISP, and other variables that affect it.

from experience with other products, there is latency between the order hitting the provider, for example Rithmic, and the order being confirmed in the order book on the exchange. I would like to know that latency. particularly in volatility when this latency widens.

just further on this:

latency from client to Rithmic: i can test any time, is cheap to evaluate, does not change with volatility
latency from Rithmic to exchange order book: i can not test without expensive live trades, expensive to evaluate, changes dramatically at busy periods.

just something on my wish list! and a bit of a stretch to ask of a provider.

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