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IS your broker lie to YOU???


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IS your broker lie to YOU???

  #1 (permalink)
 
benbrooke's Avatar
 benbrooke 
Dallas,tx
 
Experience: Advanced
Platform: Market Delta
Broker: Velocity /TT
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hey guys,

i am currently testing Xtrader to replace my DOM and i noticed a big different in the DOM information and Time and sell

this got me thinking is our brokers hide something from us?

the Xtrader platform as direct access to the exchange and i am wondering if some else see the same stuff as me

here is a pic


Ben

Keep on sowing your seed, for you never know which will grow -- perhaps it all will.

-- Albert Einstein
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  #3 (permalink)
 
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 aslan 
Madison, WI
 
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Is this with the same feed? If yes, then you are comparing two platforms ability to deliver the same content. If no, then you are comparing two feeds, which we all know can vary greatly in quality.

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  #4 (permalink)
 zikonc 
san ramon
 
Experience: Beginner
Platform: ninja
Broker: zen
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i think he is comparing 2 platforms and what also looks like zen <-> tt feeds.......i also think a 3rd party feed (IQfeed, barchart, etc. ) would try to stay more true to market data then broker supplied feed......

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  #5 (permalink)
 
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 benbrooke 
Dallas,tx
 
Experience: Advanced
Platform: Market Delta
Broker: Velocity /TT
Trading: ES
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this is two diff feeds one from the exchange (Xtrader) and one is AMP

i agree on the diff in data but time and sell??? should it be the same on all?

Keep on sowing your seed, for you never know which will grow -- perhaps it all will.

-- Albert Einstein
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  #6 (permalink)
 zikonc 
san ramon
 
Experience: Beginner
Platform: ninja
Broker: zen
Trading: es, 6e
Posts: 136 since Oct 2009
Thanks Given: 98
Thanks Received: 76

hi benbrooke........Mike and Richard recently shared their opinion on data feeds .....just fyi


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  #7 (permalink)
 
aslan's Avatar
 aslan 
Madison, WI
 
Experience: Advanced
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Trading: ES
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benbrooke View Post
this is two diff feeds one from the exchange (Xtrader) and one is AMP

i agree on the diff in data but time and sell??? should it be the same on all?

It is if they send you all of the data. Another item to note, is that Ninja does not update their T&S on each tick, but on 250ms intervals (they might have changed it recently to be a little faster??). So you can only really compare what is on the screen for a moment unless it is slow enough to get a snapshot (your example of looking for a unique trade is the right way to do it). I have shown that the Ninja T&S is pretty useless in general.

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  #8 (permalink)
 
benbrooke's Avatar
 benbrooke 
Dallas,tx
 
Experience: Advanced
Platform: Market Delta
Broker: Velocity /TT
Trading: ES
Posts: 430 since Aug 2009
Thanks Given: 216
Thanks Received: 490

Thank for the Great Info, i didnt know that

Keep on sowing your seed, for you never know which will grow -- perhaps it all will.

-- Albert Einstein
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Last Updated on April 13, 2010


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