I wanted to mention that your idea is really well founded.  When doing 
quantitative analysis of market data, it is very important to have options 
for market data feeds.  I do not engage in HFT trading, so that is not an 
issue, but for a variety of reasons I can't be tied to a single data 
source.  I hope this idea is explored further.

On Monday, July 15, 2013 4:41:46 AM UTC-4, Miguel wrote:
>
> I don't think there is any study comparing IB and IQFeed. From the 
> comments I have read in several forums, it should be more reliable. It is a 
> company that only does market data, so they should be more committed to 
> this task than a broker. With the 5.0 version of the protocol you have 
> millisecond stamped updates, so this is better than the 250ms IB updates 
> but this currently doesn't matter with Jbooktrader as it is currently doing 
> 1sec snapshots of order book. For JBooktrader, the main advantage could be 
> to be able to capture more data in parallel and in a more cost effective 
> way. In any case it could be integrated in JBooktrader not as a replacement 
> but as an alternative to IB data.
>
> As soon as I have time I will do a comparison of the two for the same day 
> so we can check if the change could alter the behaviour of JBooktrader 
> strategies.
>
> On Friday, July 12, 2013 5:36:16 PM UTC+2, Eugene Kononov wrote:
>>
>> On Fri, Jul 12, 2013 at 7:04 AM, Miguel <[email protected]> wrote:
>>
>>> Yes, it's just a data feed, you have to keep two connections: brokerage 
>>> and data feed. It adds another point of failure to the system, but you also 
>>> have a much better data feed and it is less expensive if you trade several 
>>> futures at the same time.
>>>
>>>
>> Hello Miguel,
>>
>> Is there some study out there that compares the quality of the L2 feed 
>> between IB and IQFeed, or perhaps you compared the two feeds by yourself? 
>> I'd be interested to see that type of comparison. If there are clear 
>> advantages of using IQFeed over IB, I'd be very motivated to integrate 
>> IQFeed with JBT.
>>
>> Thanks,
>> E.
>>  
>>
>

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