Support Board

Date/Time: Sun, 12 May 2024 15:41:02 +0000

Post From: MBO with Denali

[2021-02-03 02:35:30] Link To Thread - Link To Post [Go To First Post]
Profile Trader - Posts: 168
John, A few quick questions about the MBO data feed. I apologize if this has been answered but I have read hours and hours of forum threads and have not seen it. From what I have determined from reading, SC is filtering the amount of MBO data going out. The initial discussion was at 2 but has moved to 10 currently and could move down in the future. So its kind of a moving target as of now, I am assuming because of the amount of data that would have too be sent. Do you for-see getting too no filter at all? For what I am looking to do indicator wise I would need all the data. Just to give a very small snap shot of the difference if you take this mornings trading from another MBO data provider and filter below 10 88% of all order entries/replace/cancel etc are removed. With algos running the show now and knowing that they enter orders of 1-5 repeatedly in ms.... this is exactly the info some of us need to program indicators that can map there footprints. But filtering all this info out just feels like we are back to the days of consolidated tape. Thanks for your time and insight as too where you see the MBO data headed from the Denali feed. Doug