Welcome to the Traders Laboratory.

Trading Products and Services Section for discussing trading-related products and services.

Reply
Old 02-13-2013, 04:38 PM   #1

BlueHorseshoe's Avatar

Join Date: Jan 2012
Location: UK
Posts: 1,371
Ignore this user

Thanks: 234
Thanked 287 Times in 223 Posts

Algo Vendor Trend?

Is this the start of a new trend amongst vendors for pushing HFT and algorithmic trading?

http://www.projectalgo.com/#

Let's hope not.

Anyone who has any experience with this firm please feel free to share . . .

BlueHorseshoe
BlueHorseshoe is offline  
Reply With Quote
Old 02-13-2013, 08:17 PM   #2

Predictor's Avatar

Join Date: Feb 2008
Posts: 866
Ignore this user

Thanks: 8
Thanked 106 Times in 79 Posts

Re: Algo Vendor Trend?

I have no experience with them. Why do you say "let's hope not"? The reality is that active traders today need better technology to be competitive. I've always felt that anything to level the playing field is a plus. I will say that the market as a whole needs to adopt the fair centralized model that the futures markets already have.

BTW, I would also like to learn more about this application. Is it fully automated? It sounds like a cross market spread making application, of some sort. Maybe we can get the vendor here to answer questions.
--
Curtis
Home - OrderFlowDashPro

Quote:
Originally Posted by BlueHorseshoe »
Is this the start of a new trend amongst vendors for pushing HFT and algorithmic trading?

Algorithmic Trading, Futures Trading, Emini

Let's hope not.

Anyone who has any experience with this firm please feel free to share . . .

BlueHorseshoe

Last edited by Predictor; 02-13-2013 at 08:23 PM.
Predictor is offline  
Reply With Quote
Old 02-14-2013, 05:27 AM   #3
Sky Blocks Champion

SIUYA's Avatar

Join Date: Apr 2010
Location: a city of canals
Posts: 2,222
Ignore this user

Thanks: 606
Thanked 926 Times in 638 Posts

Re: Algo Vendor Trend?

Given the amount of money real HFT spend on speed I think they will be hard pressed to actually compete against the real HFT.....I would imagine trying to send multiple different strategies from many different clients would have to be slower than a single strategy from one firm. L
ooks like another service provider - thats all. Filling a void that some may require but most think they might require but really dont

....and still once again, having all the speed in the world wont help if you dont have a profitable system, and most retail traders might be better spending more time thinking and waiting than trying to speed things up.

Good luck to them, I doubt that its really HFT, but more a speeded up version of any good algo trading that can already be done
__________________
Context is king - and patience is more than a virtue, it is profitable.
SIUYA is offline  
Reply With Quote

Reply

Thread Tools
Display Modes Help Others By Rating This Thread
Help Others By Rating This Thread:

Similar Threads
Thread Thread Starter Forum Replies Last Post
Sector Spyders Algo Profits BULLSANDBEARS Traders Log 16 02-04-2013 04:28 PM
Buy-in on Algo Trading DutchDandy Automated Trading 17 08-20-2012 01:46 AM
TL Vendor List clmacdougall General Discussion 8 10-22-2011 11:57 PM
New Algo Application electroniclocal Automated Trading 0 11-20-2010 12:45 AM
Programming/Algo Trading klee310 Coding Forum 12 05-30-2010 11:27 AM

All times are GMT -4. The time now is 05:01 AM.
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
2006-2011 Traders Laboratory, All Rights Reserved.