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Strategies & Market Trends : DAYTRADING Fundamentals
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To: fut_trade who wrote (14239)9/23/2001 10:53:37 AM
From: Dan Duchardt  Read Replies (2) of 18137
 
fut_trade,

I have found the futures Market Depth function in IB TWS to be a bit slow in updating. I often see the montage updating seconds after a change in the inside quotes, so I assume all the information is a bit stale. If the information could be exploited by an automated scalping system, I think you would need the updates to come a bit faster. As you suggest, for longer time frames it's not particularly helpful. I do watch it though. If I see a substantial imbalance in the bid ask size, I'm not inclined to bet against it.

Dan
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