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Re[4]: Tick data



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Mark,

This boy subscribes to "not play another man's game".  Interesting you
know so much about it though.  Good thing I know what you like to
trade.

Best regards,
  Jimmy Snowden
mailto:jhsnowden@xxxxxxx


Monday, January 19, 2004, 10:38:49 PM, you wrote:

MB> Hello Jimmy,

MB> Traderware was the only program I know of the would build a bar from
MB> any number of seconds chosen.  Plus it would do multi data charts
MB> using a mix of second, tick, minute etc. type bars and or ticks.

MB> This can only be accomplished when you run your own ticker plant time
MB> stamp every tick.  Even then it is a lie when they stamp the tick time
MB> because it is about impossible to send the data and receive the data
MB> in the same instance.

MB> However say if you were doing business with a clearing member and that
MB> member had an office in the exchange building. Then you would be able
MB> to have data within very few nanoseconds of it's creation.  To
MB> rebroadcast data from the exchange building would be the idea setup.
MB> I am only aware of but a few who understand this and/or are taking
MB> advantage of this best case scenario.

MB> To expand the system further what a guy needs is to install a sonnet
MB> ring between the major exchanges and then process the data and
MB> broadcast via some other method than multi cast and preferably on
MB> fiber rather than copper.

MB> Otherwise don't play another man's game, use a larger time frame and
MB> get away from the noise. Else ye be chopped up and eaten.





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