[This message was posted by Daniel Borin of Alpes CCTVM <[email protected]> to the "Algorithmic Trading" discussion forum at http://fixprotocol.org/discuss/31. You can reply to it on-line at http://fixprotocol.org/discuss/read/3b721e16 - PLEASE DO NOT REPLY BY MAIL.]
Hi Sunday, First of all i can say to you that everything is possible, but everything has it own price... To your answers. 01 - Yes, you can implement algo and make it send fix orders to any exchange that can accept fix orders. 02 - You will need first to implement this algo, estimate the usage and possible fee that you will return to the brokerage house to make a deal. After you got a deal there are two ways of proceding - a - connect your system to a brokerage house OMS or - b - connect your solution direct at the exchange (at least in Brazil these would be, in my point of view, some of your possibilities) - once you're connect, you can use both test and production enviroment. But, as I told you... Everything will cost... If you want some more information about how does it work in the Brazilian mkt, you can talk to me at the number +55 11 3147 0720. Best Rgds, > Lime and Interactive Brokers will both let individuals open accounts. > > I don't know if they allow FIX, if not, they will have an API that may > be easier to use. > > Ted > > > > Hi All, I am new to this web site and FIX Protocol in particular. I am > > hoping to do further research in algo trading and wanted to ask the > > following: > > > > 1. Is it possible for an individual to implement an algo strategy > > using the FIX protocol and then use this system in trades? > > 2. Which broker(s) will allow a connection from an individual for > > test purposes and for live purposes? > > > > Thanks in advance. > > > > Sunday [You can unsubscribe from this discussion group by sending a message to mailto:[email protected]] --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/FIX-Protocol?hl=en -~----------~----~----~----~------~----~------~--~---
