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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: Jon Tara who wrote (8666)1/23/2001 11:21:09 PM
From: Dan Duchardt  Read Replies (1) of 12617
 
Jon,

Just a curiosity about the data transmitted. My guess is that data is generally transmitted only when it is refreshed, so only if a MM/ECN changes price or size is a piece of data sent out. That would mean if packets are lost forever, you could have to wait a long time for a new refresh to get back in synch. Is that about it, or is there actually a periodic resending of all the data? Or is all of the level2 montage transmitted every time there is a change in a quote?

Dan
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