4 ms·
You should have a look at DTN iQ, it s the best feed ever and made by this guy https://twitter.com/nanexllc?lang=en https://twitter.com/nanexllc?lang=en. Plus
by ParameterOne 10y ago
You should have a look at DTN iQ, it s the best feed ever and made by this guy https://twitter.com/nanexllc?lang=en https://twitter.com/nanexllc?lang=en. Plus have a look at Amibroker https://www.amibroker.com/ https://www.amibroker.com/ for a platform, it is the fastest I've seen, easy to use AFL language and great to program for automated trading/backtesting plus a good sized community
- jetti 10y agoThese are why I'm skeptical that OP's product could be free. DTN iQ charges almost $80 a month (which is truly cheap for real time data) where as amibroker charges more. The best rate I've seen for real-time data is $5/month for individual use but that was only for IEX and no other major exchanges. I just can't see how one would be able to redistribute stock data and allow the price to take no commission (as it seems like it would be the only source of income for the OP's project)
- ParameterOne 10y agoFor Amibroker I only meant the software and not the feed. The good thing about IEX is you dont have to worry about front running. As far as the OP's project I can only assume taking the other side of the trade because it is only for options and most people buy calls or puts instead of selling premium....which is different that a brokerage like Robinhood
- jetti 10y agoThere are a few good things about IEX, especially the fact that you can get their real-time feed for free. The downside is that it isn't really free as you need to have servers that IEX auditors can visit at any given time, which means you need to have a co-location at the minimum, which isn't cheap. Which brings me back to the point that I have no clue how one can offer supposed real-time data on options for free.
- ParameterOne 10y agoand on the note of "real time" data, have a look at any feed an you will see that the S&P index only updates itself every 15 seconds.....and that is by design, data coming right from S&P....otherwise you have to calculate the index yourself if you want it any faster haha. And since I love this topic, this might be a handy tool for you: http://indexarb.com/ http://indexarb.com/