Market Data Archives • Futures Day Trading Strategies

Posts Tagged Under: Market Data

Bookmap Trading Platform: Review and Interview

Tsachi Galanos, CEO of Bookmap, talks to Matt Zimberg, CEO of Optimus Futures, to discuss the Bookmap Trading Software.

What is your personal background and how did you end up with developing Bookmap?

Tsachi: I have over eight years of experience in the financial services industry. In the beginning, I dealt with automated trading strategies and trading systems, including HFT. Roughly two years ago VeloxPro, the company I manage, shifted its focus from proprietary trading activity (mainly algorithmic HFT), to developing an Order Book visualization platform. We named our platform Bookmap (stands for order BOOK and heat MAP).

The reasoning behind the development of Bookmap was the need for a more advanced analysis tool for our HFT activity. Sergey, my partner, and I wanted to visualize the orders we sent to

Read More


Futures Trading Costs Explained: Data and Execution

 

Futures trading costs

Besides finding a good methodology, there is the cost of commissions, platforms, and quotes which could be quite a burden on the account as far as cost. So here some of the ways to save on execution, platform, and other trading-related expenses:

1) If you are using an analytic charting and trading tool and pay the subscription for it, you might not need a platform that requires charting.  Why get futures and commodities charting twice and get charged for

Many platforms are free that don’t require fees at all.

Try Rithmic R-Trader if you are an E-mini SP trader and require fast execution. Keep in mind

Read More