Tag Archives: DMA

Overview of retail automated algo quant trading vs DMA

Overview of retail automated algo quant trading vs pro DMA

Question from someone named Justin:

Hey Brian, if you get some time to respond to this email, it would be greatly appreciated.

I just have a couple questions about automated trading that i am a little confused about and i really just can not find much information online about it as well.

1. Interface?

Say you just want to be able to create your own trading interfaces ie, charts, stock scanners, and so. Instead of using the broker that you are trading through,

What type of hardware would you need to invest in, maybe co-locating servers, getting vps or dedicated servers, running servers out of your home? Or

2. Broker?

So is this absolutely necessary? Do you have to have a broker to trade through, or is there any way that you can trade on your own platform directly with the  markets?

 

3. Broker 2?

And if going through a broker is the only way, what is the difference between a broker that a prop firm uses or a hedge fund or  HFT firm uses that a wealthy individual wanting to trade automated as a business. I get that you could use IB, or Lightspeed, or some other type of known broker to trade, but what are the  big boys doing, with who, and how?

>>>> Check out my answers with link and a 30 minute video <<<<

Thanks Bryan

PS.

Also, I will be spinning off all my courses for my Quant Elite members in the next few days. I promised to hold off for a month when I first announced it so we’re now at the point. If you want to reap the benefits of these courses, join my Quant Elite membership right now!

The three individual courses will be priced at $497 each after this process takes place.

I’m also putting the membership into its last days of existence before I start rolling all current members into the new Quant Analytics service.

Some info on this new quant analytic service:

I have some video tutorials on this service here

I have also answer some queries about it here

Thanks Bryan

P.P.S. I am in the last few days where I will breaking out all my courses from my Elite membership: http://quantlabs.net/mkt/quant-elite/

Learn some of the courses here: http://quantlabs.net/academy/courses-2/

Get the course list here: http://quantlabs.net/mkt/quant-elite/

Note: Here is my social media you keep up to date with:

Facebook programming group: https://www.facebook.com/groups/quantlabsnet/

Instagram with dozens of daily trading charts: https://www.instagram.com/quantlabsnet/

Youtube channel with over 1400 videos: https://www.youtube.com/user/quantlabs

And of course Twitter: https://twitter.com/quantlabs

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Frustrated with losing at trading? Eliminate your broker for DMA, the secret of quant and math to secrets of constant profit

Frustrated with losing at trading? Eliminate your broker for DMA, the secret of quant and math to secrets of constant profit

We get this topic all the time:

Frustrated with losing at trading? Eliminate your broker to go DMA, the secret of quant and math to secrets of constant profit – See more at: https://quantlabs.net/blog/2014/06/frustrated-with-losing-at-trading-eliminate-your-broker-to-go-dma-the-secret-of-quant-and-math-to-secrets-of-constant-profit/#sthash.K8DWuFdX.wmEyFJYZ.dpuf

I even got a response from a user:

I am frustrated because I have the feeling I can’t find the truth about what’s happening to the market.

So check the link to see my response. He responded with:

> > Technical guys are going to be the masters of the finance, and sooner > or later,  “blabla” guys will disappear. > My passion for finance is just too recent. So I just need much more > time to be sure that I want to spend money to train myself with your > website, and also to earn the money. > > I am patient, and your free videos are enough usefull at the moment. – See more at: https://quantlabs.net/blog/2014/06/frustrated-with-losing-at-trading-eliminate-your-broker-to-go-dma-the-secret-of-quant-and-math-to-secrets-of-constant-profit/#sthash.K8DWuFdX.wmEyFJYZ.dpuf

 

So I must be useful for something. Others join this:

–> SAVE YOURSELF FRUSTRATION TO BE A  BETTER TRADER  <–

Bryan

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Frustrated with losing at trading? Eliminate your broker to go DMA, the secret of quant and math to secrets of constant profit

Frustrated with losing at trading? Eliminate your broker to go DMA, the secret of quant and math to secrets of constant profit

Someone else responded to my posting of:

Will retail trading platforms like Tradestation Metatrader and Ninja Trader actually make you lose money?

They said:

My conclusion, control your destiny by owning your own technology and infrastructure. 

But as I a trader I need to have a broker, so there are things I can’t control, am I right ?

—> Eliminate brokers if possible

I try to control everything, but how can I know how exchanges work in the inside ? I can’t see Euronext’s server to understand what they send to feed providers. How can I do that ?

–> To get direct market acccess, you need a large trading account of probably $1M trading account. If not, they may not or even the brokers who have direct access will not pick up your phone call

 

I am frustrated because I have the feeling I can’t find the truth about what’s happening to the market.

–> Markets are totally random. Real profitable PRO traders in smart money prey on beginning traders of dumb money. They trade like sheep so they get slaughtered.  These people go to some stock market club or read some technical analysis magazine offering nothing unusual where thousands of others are doing the same thing. They use the same retail trading software and use the same strategies. Other beginners think they can use historical data to forecast with. All successful pro traders who profit in the millions + don’t believe in past data. They only use it to test a trading theory. They also use quant methods to forecast. In short, you may need to use that rocket science to trend the market. That is all.

MORE:

 
> Thank you Bryan,
>
> I really feel like I have to be part of your community….
>
> Technical guys are going to be the masters of the finance, and sooner
> or later,  “blabla” guys will disappear.
> My passion for finance is just too recent. So I just need much more
> time to be sure that I want to spend money to train myself with your
> website, and also to earn the money.
>
> I am patient, and your free videos are enough usefull at the moment.
> Sooner or later I will need more.
>

Don’t worry about your English. My typing is much worst! My community helps each other or at least I deliver as I find stuff. I am mostly technical but you need to apply the math to be profitable honestly. You will honestly most find people who sell education really do not deliver any personal communucation or just yell at you for not watching videos (think Tim Sykes). We don’t work that way.
P.S. I have tonnes of videos online (youtube.com/quantlabs) or hundreds of private content on my memberships. You decide. Cool?

 

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NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Youtube video on how Smart water meter same encrypted radio technology for HFT with FPGA instead of DMA

Youtube video on how Smart water meter same encrypted radio technology for HFT with FPGA instead of DMA

So now you know why I push FPGA code generation from Simulink

–> JOIN NOW BEFORE THE QUANTLABS.NET PREMIUM MEMBERSHIP GO UP 50% <–

Join my FREE newsletter to see how I develop my custom automated trading system 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Youtube videop on: Is FPGA and Matlab Simulink the only way to pursist ultra lowest latency in HFT and DMA?

Youtube videop on: Is FPGA and Matlab Simulink the only way to pursist ultra lowest latency in HFT and DMA?

–> JOIN NOW BEFORE THE QUANTLABS.NET PREMIUM MEMBERSHIP GO UP 50% <–

Join my FREE newsletter to see how I develop my custom automated trading system 

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

New quant book ‘Algorithmic Trading and DMA (Direct Market Access)’

New quant book ‘Algorithmic Trading and DMA (Direct Market Access)’

Just a quick update to say that ‘Algorithmic Trading & DMA’ is now available from Amazon in Europe. Some links are on my website:
http://www.algo-dma.com/2007/12/buy.html

Plus a big thanks again to everyone who has bought a copy
cheers

I can personally vouch for this book as I have read it. It is one of the best out there!

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Youtube opinion on Matlab GPU or Parallel cluster for fast HFT model quant analysis in a DMA environment

Youtube opinion on Matlab GPU or Parallel cluster for fast HFT model quant analysis in a DMA environment

Learn more what I do at:

http://quantlabs.net/membership.htm

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Youtube video on next steps in quant: automated trading, DMA, model, algo, HFT, strats

Youtube video on next steps in quant: automated trading, DMA, model, algo, HFT, strats

Join my venture at http://quantlabs.net/membership.htm

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Lokesh Madan explains what Direct Market Access DMA to quant wannabees

Lokesh Madan explains what Direct Market Access DMA to quant wannabees.

What is Direct Market Access (DMA)?
The Securities Exchange Board of India, SEBI, has allowed Direct Market Access (DMA) for Institutional Investors. This article explains what Direct Market Access (DMA) is, and discusses its advantages.
The Securities Exchange Board of India, SEBI, has announced that it would allow Direct Market Access (DMA) for Institutional Investors. This means that FIs and FIIs would be able to place orders directly in the stock markets, without there being an intermediate broker. Although the orders would still be routed through a broker’s server, the institutions would no more be needed place the orders through a broker.
Direct Market Access is very popular internationally, and its introduction in India is one more step towards modernization of our financial system.

What is Direct Market Access (DMA)

As the name suggests, using DMA, and entity can trade directly in an exchange – just likes brokers do. There is no need to place an order through a broker.

Advantages of Direct Market Access (DMA)

Speed

The main advantage of DMA in that it results in faster order placement and execution.

Till now, the institutions had to convey their orders to a broker, and the broker would place the orders. This means that the same information had to be conveyed twice, which resulted in delays, and, at times, errors.

Now, with Direct Market Access, the institutions would be able to place the orders directly in the market.

Cost Saving

Cutting down an intermediary would result in significant cost savings for the institutions.

Enable Algorithmic Trading

Since the institutions would be allowed to access the market directly, they can now develop and deploy computers running complex mathematical algorithms, which would place buy and sell orders automatically.

This would be a totally new avenue, and in the future, even mutual funds specializing in algorithmic trading can be introduced.

What does Direct Market Access (DMA) mean for small investors?

Allowing DMA for institutional investors is a precursor to allowing it for small investors.

The primary advantages for small investors are the same as that for institutional investors – speed and cost saving. But it is unclear how many small investors would actually end up using the facility of DMA.

The main benefit for small investors might be due to the introduction of algorithmic trading based mutual funds. This would provide a good avenue of investment for some of the more adventurous (and risk seeking!) investors among us!

NSE & BSE Provides DMA Access for Institutional Clients

He is on Linked In

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