|
PureBytes Links
Trading Reference Links
|
The nite futures transmit too infrequently. Sometimes even the SP only
trades at a rate of 1 tick per 5 or 10 minutes at times. Thus if you want to
test a system on a 5 tick chart, you'd have to wait hours until enough
5-tick bars were formed. The advantage of the "TestSym" is that it transmits
at a regular, predictable pattern which is very useful in code development,
especially if you're testing a new concept and need real time data to test
it. The transmission frequency minimizes the waiting time in development.
This allows the development to be completed and tested after RTH and then
you can trade during RTH without worrying if the newly developed system is
working properly.
>I guess I don't understand but I was wondering why you couldn't use nite
>futures to test your systems.
>
>Robert
>
>
> Doug Deming wrote:
>>Yes, the bandwidth reasoning is a poor excuse. Adding one more symbol to
the
>>10,000+ they currently transmit wouldn't seem to be too much of a burden
on
>>the bandwidth. Come on BMI, you need to respond to the users needs. We
need
>>a 24 hour, 5 tick per minute "TestSym".
>>
>>Date: Monday, December 14, 1998 5:46 PM
>>Subject: Re: BMI and Bandwith??!!
>>
>>
>>>I received an identical response. I agree about the bogus excuse of
>>>bandwidth. Too many of us have indicators/systems that can't function
w/out
>>>it ("TestSym"). Now I'm wondering are there other data services that have
a
>>>similar timing symbol that we can substitute (assuming our
indicator/system
>>>code developers are willing to make the change)? A core component of my
>>>daytrading approach has just gone out the window. If we can make such a
>>>substitution, perhaps it'll lead a migration away from BMI & its callous
>>>treatment of its customers.
>>>
>>>Michael
>>>
>>>
>>>
>>>At 07:14 PM 12/14/98 -0500, David Candle wrote:
>>>>To help the group I wrote in. This was my response to BMI.
>>>>Thats hogwosh. The amount of bandwith it takes up is super minimal.
>>>>At 03:52 PM 12/14/1998 -0800, you wrote:
>>>>> Dear Mr. Candle,
>>>>>
>>>>> Thank you for your patience for my response. I am afraid that the
>>>>>decision has been made to not re-instate the "TestSym". The BTCI2F is
>>the
>>>>>symbol that you will have to use at this time. Providing timely and
>>>>>accurate data is foremost. Having a symbol which provides information
at
>>>>>one time a minute (BTCI2F) as opposed to five times a minute (TestSym),
>>it
>>>>>was decided that the symbol taking up less bandwidth was the way to go.
>>>>>
>>>>> Please send further questions, comments or concerns to tsbmi@xxxxxxx
>>>>>
>>>>> Sincerely,
>>>>> Ray Bamer
>>>>> BMI Client Services
>>>>> tsbmi@xxxxxxx
>>>>> Direct 800.436.4036 choice #2
>>>>> Fax 510.266.6060
>>>>>http:/www.bmiquotes.com
>>>>
>>>>
>>>>
>>>
>>>
>>
>>
>>
>
>
|