Mind exercise. What would you do?

[maxima]

What would you do if you had 50% discount on CME fees, low comms, colocated box 0.5ms away from exchange and unfiltered market data?

 

[meanreversion]

Is this a trick question?

 

[maxima]

no. it means what it says

 

[tomorton]

I'd ask quickly 'What are CME fees? What's a low comm? Why do I need a chocolated box?'

 

[MrGecko]

lease it out.

EDIT: I am assuming that the situation described is vastly superior to what is easily available in the marketplace.

 

[maxima]

yes it is. faster only are hedge funds who has dedicated infrastructure.

but I know nothing abt leasing or selling stuff.. I was thinking of a quant trader who has a model but no implementation. so I could create a mirror system and we can trade each own money but using my system and his model...

I am really fed up of the manual trading.

 

[maxima]

I'd ask quickly 'What are CME fees? What's a low comm? Why do I need a chocolated box?'

if you dont need chocolated box then you dont need it. Try marshmallow jar instead.

 

[oildaytrader]

yes it is. faster only are hedge funds who has dedicated infrastructure.

but I know nothing abt leasing or selling stuff.. I was thinking of a quant trader who has a model but no implementation. so I could create a mirror system and we can trade each own money but using my system and his model...

I am really fed up of the manual trading.

Is this a free lunch for yoo?

I would go for a head massage.

 

[Black Swan]

What would you do if you had 50% discount on CME fees, low comms, colocated box 0.5ms away from exchange and unfiltered market data?

I'd go into hiding before they come and get you...

 

[maxima]

Whatever

 

[robster970]

........ colocated box 0.5ms away from exchange and unfiltered market data?

arb difference between NBBO and the exchanges price data if in US.

http://www.zerohedge.com/article/do...anipulate-nbbo-whim-courtesy-nyse-quote-stuff

e2a - I've just become a legend so I must be right.

 

[Chartsy]

1000th post robster!

 

[charliechan]

What would you do if you had 50% discount on CME fees, low comms, colocated box 0.5ms away from exchange and unfiltered market data?

package it up and sell it to someone else.

 

[maxima]

I saw NYSE article before. To organise the actual latency arb you need a bit more than just a quick box and a colocation.

 

[meanreversion]

yes it is. faster only are hedge funds who has dedicated infrastructure.

but I know nothing abt leasing or selling stuff.. I was thinking of a quant trader who has a model but no implementation. so I could create a mirror system and we can trade each own money but using my system and his model...

I am really fed up of the manual trading.

You want to automate your trading rules? Not that difficult these days.

 

[spreader_legger]

Not quite sure what a cholocated box is ..... but I want one !!!

if you dont need chocolated box then you dont need it. Try marshmallow jar instead.

 

[iota]

I am really fed up of the manual trading.

I know! Left click. Left click. Left click. It's so draining.

You may have more luck on a quant forum.