fiberangel wrote:pineapples wrote:I figured multiple accounts might diminish order processing time, as the three orders would each be treated as just one at each instance. It would not necessarily have to be different brokers.
If you can hit the FPI at one, surely that's desirable as you can then just wait for the inevitable swing into profitability. Entering FPI at one would also make price synchronicity more precise due to market inactivity.
Maybe simplistic theory but worth the brain cell resources I think.
There's a Euro or three somewhere in this...
Assuming that you could in one instant send those orders to the broker still will not necessarily mean that the orders will be executed/filled at that instance at time. Also, to synchronize sending of orders from multiple PC's will prove to be far more difficult task than the benefit (if any) that you would gain from running this strategy on multiple computers.
Those are just my thoughts, but I could be dead wrong or I could simply have misunderstood your thoughts.
- having multiple accounts with the same broker does not ensure the execution of multiple orders is going to be any more instant than having just one account. It's because the broker is processing the orders based on the time when the order was received. It doesn't matter to the broker whether the orders are received from three different accounts or from just one account. The only thing that matters is the time. Apart from the basket order type of order (which is issued from one account), it's not possible to have more than one position initiated at the very same time, be it on one account or multiple accounts
- attempting to open the FPI ring across multiple brokers is even less reliable timing-wise, even though it can be advantageous in a sense of having more FPI volatility available - more price streams feature more possible FPI ring combinations, constructed from the FX pairs from various brokers, thus giving you more non-synchronicity between the FX pairs