Scalping for 1/2 tick or a tick but what stop to use

TWI

Senior member
2,536 254
I think a lot of scalpers may not even think about automation beyond the autospread functionality which incidentally is screwing up Liffe horribly as their server cannot cope with all the order adjustments. Great tool in theory however for spreading whatever you want. X-trader looks like a good product.
 

herbie14

Junior member
48 0
how much does x trader cost?, can it bolt on to interactive brokers? i have used IB and Gni and Gni seem to be alot quicker to get my order in the system
 

TWI

Senior member
2,536 254
x-trader comes in 2 packages and it is priced by the clearer rather than TT themselves. It costs around 500 for the basic single exchange non-auto package and about 1000 for the multiexchange/autospread version. I would not think you need any other platform to integrate if you have this.
 

TWI

Senior member
2,536 254
Monthly rental
 

jonnyy40

Experienced member
1,329 11
The EUR contract doesn't seem to have that much range to me?
1 tick is 0.001? And you seem to get about 0.01/day.
I agree that when it goes it tends to trend which is the appealing part.
 

jonnyy40

Experienced member
1,329 11
Thanks J.I'll give it a (proper) look!
 

rog1111

Established member
673 10
twalker said:
x-trader comes in 2 packages and it is priced by the clearer rather than TT themselves. It costs around 500 for the basic single exchange non-auto package and about 1000 for the multiexchange/autospread version. I would not think you need any other platform to integrate if you have this.

In your opinion, do you think that many top bank/bureaux scalpers & spreaders are using x-trader ? Or Eccoware ?

rog1111
 

TWI

Senior member
2,536 254
I think x-trader probably has it over Ecco merely because they are a bigger outfit and have more market penetration. I thought Ecco was an excellent system however and i know they are increasingly being seen as the best alternative. Naturally there are many others but these 2 are best IMO if you want to integrate excel based models
 

mcdoma

Junior member
12 0
TT are trying to develop an automated tool for scalping. In fact I'm going down to their office this afternoon to do some demo work for them. Did you know that TT are willing to develop anything that you require?
 

TWI

Senior member
2,536 254
No offence as the guys are no doubt very proficient but I do not want those IT monkeys developing anything for me.
If something goes tits-up I want to know exactly how it works so I can fix it. It doesn't take too much knowledge of VB to do these sorts of things for yourself, it isn't rocket science...yet..
 

TWI

Senior member
2,536 254
Will be interested to know what you make of their scalping system tho.
They seem pretty good wrt letting you test out your own stuff in their office on a dummy market. I am about to switch over to them from Easyscreen so will be getting stuck into the software this weekend.
 
 
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