Only the price on the chart can show the entrance to the deal...
News trading discussion - continuation
- #5,761
- Edited 9:43am Jun 26, 2018 8:40am | Edited 9:43am
- Joined Feb 2012 | Status: Trader | 6,162 Posts
- #5,762
- Jun 27, 2018 9:13pm Jun 27, 2018 9:13pm
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Only the price on the chart can show the entrance to the deal...
- #5,763
- Jun 27, 2018 9:18pm Jun 27, 2018 9:18pm
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Only the price on the chart can show the entrance to the deal...
- #5,764
- Jun 28, 2018 10:49am Jun 28, 2018 10:49am
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Only the price on the chart can show the entrance to the deal...
- #5,765
- Jun 29, 2018 9:07am Jun 29, 2018 9:07am
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Great weekend to everyone.
Inserted Video
Only the price on the chart can show the entrance to the deal...
- #5,766
- Jun 30, 2018 3:48pm Jun 30, 2018 3:48pm
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Thoughts on "smart traders"
The Australian News Lock Up Procedure
There has been a great deal of speculation regarding the release of Australian news. Without getting too much into the speculation, I wanted to give everyone some information after having a discussion with a news data vendor on the Lock-Up procedures. The only Australian data that is released in a truly digital format is the RBA rate decision. The RBA posts the decision to the web, and the different vendors perform a 'web-scrape' to get the information and send it to subscribers in a machine readable format.
All other Australian data is performed in a Lock-Up, but the procedure is different. Each data provider is given a sheet of paper with the data, and a telephone. At a specified time, they are allowed to turn the paper right-side up, and then they get on the phone to call their data center. From there, the information is put into a machine readable format and sent to the client.
So which provider gives the data first may come down to who types the fastest. This may very well explain why we see spikes in the market several seconds before we get data. They have to make a phone call, a second person has to put the information into their system, then they have to double or triple check to make sure the information is correct before sending it.
2006
The Australian News Lock Up Procedure
There has been a great deal of speculation regarding the release of Australian news. Without getting too much into the speculation, I wanted to give everyone some information after having a discussion with a news data vendor on the Lock-Up procedures. The only Australian data that is released in a truly digital format is the RBA rate decision. The RBA posts the decision to the web, and the different vendors perform a 'web-scrape' to get the information and send it to subscribers in a machine readable format.
All other Australian data is performed in a Lock-Up, but the procedure is different. Each data provider is given a sheet of paper with the data, and a telephone. At a specified time, they are allowed to turn the paper right-side up, and then they get on the phone to call their data center. From there, the information is put into a machine readable format and sent to the client.
So which provider gives the data first may come down to who types the fastest. This may very well explain why we see spikes in the market several seconds before we get data. They have to make a phone call, a second person has to put the information into their system, then they have to double or triple check to make sure the information is correct before sending it.
2006
Only the price on the chart can show the entrance to the deal...
- #5,767
- Jun 30, 2018 3:49pm Jun 30, 2018 3:49pm
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Only the price on the chart can show the entrance to the deal...
- #5,768
- Edited 1:05am Jul 3, 2018 12:48am | Edited 1:05am
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Only the price on the chart can show the entrance to the deal...
- #5,769
- Jul 4, 2018 4:19am Jul 4, 2018 4:19am
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Only the price on the chart can show the entrance to the deal...
- #5,770
- Jul 5, 2018 7:20am Jul 5, 2018 7:20am
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Only the price on the chart can show the entrance to the deal...
- #5,771
- Jul 5, 2018 10:03am Jul 5, 2018 10:03am
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Only the price on the chart can show the entrance to the deal...
- #5,772
- Jul 5, 2018 10:07am Jul 5, 2018 10:07am
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Only the price on the chart can show the entrance to the deal...
- #5,773
- Jul 6, 2018 7:38am Jul 6, 2018 7:38am
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Only the price on the chart can show the entrance to the deal...
- #5,774
- Jul 6, 2018 7:46am Jul 6, 2018 7:46am
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Only the price on the chart can show the entrance to the deal...
- #5,775
- Jul 6, 2018 7:51am Jul 6, 2018 7:51am
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Great weekend to everyone.
Inserted Video
Only the price on the chart can show the entrance to the deal...
- #5,777
- Jul 7, 2018 3:30pm Jul 7, 2018 3:30pm
- Joined Feb 2012 | Status: Trader | 6,162 Posts
Only the price on the chart can show the entrance to the deal...
- #5,778
- Jul 10, 2018 3:39am Jul 10, 2018 3:39am
- Joined Feb 2012 | Status: Trader | 6,162 Posts
[Приложить] Screenshot_9.png; 2888933 [/ придаем]
[приложить] Screenshot_8.png; 2888935 [/ прикрепить]
[приложить] Screenshot_8.png; 2888935 [/ прикрепить]
Only the price on the chart can show the entrance to the deal...
