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Comment by dude_abides | Hacker News Reader

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dude_abides·

Thanks for the post. Is this the software you used?

http://www.ctsfutures.com/t4.aspx

Would be even more awesome if you could share some code on github.

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Yes, however, I forgot to mention that pretty early on I converted my program to use an API from https://www.tradingtechnologies.com. It's odd, but I can't remember exactly why. I think it was simply because I found a broker who could offer me a lower commission rate and they only supported TT. With regard to posting code yes I may do that. We'll see.

XTAPI, or did you write something to talk to a FIX gateway?

(former TT employee)

I'm pretty sure it was XTAPI. Is that the simpler one? I used the simpler one. Whatever the case.. the code that dealt with the API was trivial compared to the rest of my program. So good work!

>With regard to posting code yes I may do that. We'll see.

What does it depend on?

If I was correct in guessing that he used XTAPI (via X_TRADER Pro), IIRC that costs around $1k/mo depending on who you go through for the front end license. I was only a developer so I'm not sure what licensing costs are for gateways, but those are the servers you connect to in order to place orders on the exchanges. He was trading the Russel on ICE, and DAX on Xetra (maybe Eurex?), so he would have needed two gateways.

If he posts the code, you're a long way from running it.

My fixed costs were $2000/month. I think it was $1800 for TT plus $200 server rent so damn.. I was getting overcharged $800!! oh well :)

Your full package of $2k/mo sounds about right from what I remember, after you factor in server, access, licenses.

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