So its on our servers, which are co located in the exchange data centre. The testing and writing of a strategy happens on our local machines.
Regarding trading strategies , Right now, we are using technical and quant methods. There are other firms out there which have forayed into Machine Learning and AI driven strategies.
Thanks for this info Big Short. Once you have co located your servers in the NSE data center, can you change the Auto Systems on the fly in real time, or if they have to remain fixed, without any changes possible ? Because someone said that all these systems which are to be used in co location services, needs to be first submitted to the Exchange for thorough inspection etc. So the question arises, if you want to implement any new trading system in real time, like maybe because of the change in market state etc., then is such a thing possible or not ?
Is there any Specific Fixed Software Configuration that is allowed on those co located servers, or if one can install the software of their choice ? For the Operating System, as well as for the Real Trading Software as well. Although most institutional clients would be using their own custom developed software for such work, but if someone wants to use Trading Platforms that are available in the market, then is that allowed or not ?
How do you guys manage the privacy or secrecy aspect of your trading systems ? Everyone knows how things works in India ! If the exchange guys have complete access to all your systems, then you know what could happen !!
Apart from Lowest Latency in receiving the data and in order placement, what other major advantage is there, which makes Big Traders and Institutes to pay huge fee to the exchanges ? Can you please point out some advantages ?
Can you provide any rough idea about the most basic co location package that is available from the NSE, like how much it costs and what it includes ? The most basic starting level of package.
Can retail traders apply for the same, or if it only for the Big Institutes and Trading Members only ?
Sorry for bugging you with so many questions, but we do not have many guys here in traderji who could have such information. Once again thank you so much for all your help and guidance.
Thanks and regards