The Traderszone Network

Published in TZ Latest News 3 June, 2017 by The TZ Newswire Staff

Does data/quote speed matter for ETF scalping or only for Futures scalping?

Hi all,

My current broker is IB and I’ve been reading about how their data speeds aren’t the greatest (bursty, filtered non-tick data updating once every 250ms rather than true tick data), but I can’t determine if this is important for ETF scalping or only for futures scalping given that the bid/ask spread on ETFs is usually a bit wider than Futures (e.g., ETFs with 70.00/70.04 spread vs. /ES with 1 tick spread). Some suggested solutions are to use IQFeed through my IB platform instead, but…

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