Technology

Notes on the MyTrack technology.

Patterns uses the MyTrack data feed, and so it is interesting to read just how this data feed works:

Technology:  We are not a browser based system.  We are utilizing a software connection which is actively monitored on the server end. 

       Our Advantage point: We are able to move users from one server to another flawlessly. 

       Their Disadvantage point: If you have ever been on the internet during a federal reserve board statement, you must have experienced the HTTP error 404, the pages slow to fill or not filling at all. 

Speed:  We are using a push protocol rather than broadcast. 

       Our Advantage point- We are only sending you the data you are requesting, be it 20 quotes or 200. 

       Their Disadvantage point- Broadcast feeds send all data from A through Z, causing bottleneck during heavy trading activity.

Direct from the Source: We are a division of Track Data Corporation which is an institutional data solution provider.  Track Data provides quote machines to major brokerage houses and the exchange floor. 

       Our Advantage point- we are using the same data feed direct from the exchanges that is used by hundreds of traders on the floor of the NYSE. 

       Their Disadvantage point- Some vendors get their data feeds from a third-party vendor, what happens if that connection has problems?  And for the other vendors who get the data from the exchanges like we do- ask them how many units they have on the floor of the exchange- answer is bound to be 0.