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Re: New TS CME DataFeeds, a Quick Review



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You make a valid point Frank, but it still doesn't explain why Realtick has
these problems, even if they ARE caused by my ISP, and the other feeds do
not.

A real mystery.

Best regards,

Gene Pope


----- Original Message ----- 
From: "Frank Fleisher" <r5_6fpen8@xxxxxxxxxxxxx>
To: "Gene Pope" <gene@xxxxxxxxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Monday, June 16, 2003 2:41 PM
Subject: Re: New TS CME DataFeeds, a Quick Review


> Hello Gene,
>
> GP> Some clarifications: I've stated before, but it's worth mentioning
again,
> GP> that in my humble opinion, Realtick, although fast as lightening, is a
very
> GP> difficult datafeed to contend with on anything other than their own
> GP> proprietary charting and manual order entry system, especially if
you're
> GP> attempting to implement a custom auto trading system using just their
data
> GP> feeds.... My observations have repeatedly shown 2 or more mini-outages
> GP> requiring the user to re-sign-on PER DAY on average. This combined
with
> GP> their deactivation of auto-login in the client server, makes for a
cludgy
> GP> ATS at best, and at worst, a dangerously unreliable setup for
auto-trading.
>
> You might check your ISP on this, because I don't have these daily
> mini-outages with the Realtick feed.
>
> I would do a ping test saved to file on one of the Townsend IPs:
>
> "Ping -t 0.0.0.0 > PingResults.txt"
>
> Have it run for a few hours or during the the whole trading session.
> You should see ping timeouts, some of which are long enough for
> Townsend to drop your permissions.  This is not normal and sounds like
> an ISP issue.
>
> Having said that, Realtick does drop out when the market moves really
> fast.  For me, it happens momentarily occasionally.  There were a few
> other dropouts but I traced that to my ISP which was "fiddling" with
> their routers at the time.  Townsend will always say it's your ISP and
> everything is fine on their end, but I have concluded that in my case,
> dropouts for no reason was due to my ISP and dropouts linked to fast
market
> spikes was due to Townsend's load balancing act.  But to their defense,
> when you're dealing with level II and the rest,
> the volume of this data gets geometric when everyone tries to jump in
> or out on the same second, and this data is disseminated all over
> the internet at the same time.
>
> On a related note, you can get closer with a direct T1 line, but
> until you buy yourself a seat at the CME, you should seriously think
> about the risks of autotrading.
>