Tooling and execution
VPS
A rented always-on server used to run trading software continuously. It keeps an automated strategy running through a local power cut, a lost connection or a closed laptop.
Also called: Virtual private server
GFN’s figure
A VPS may be used on a GFN account for legitimate trading technology where permitted. It must not be used to hide account sharing, circumvent location restrictions or disguise prohibited trading, and unnecessary VPN use during identity verification is discouraged.
- Legitimate use
- Permitted where the rules allow
- Hiding location or sharing
- Prohibited
- During verification
- Avoid unnecessary VPN use
In detail
VPS,explained
A VPS matters for anything automated and matters very little for discretionary trading. Its benefit is uptime rather than speed, for almost every strategy that is not latency-sensitive.
Where it causes problems is location: a server in another country makes an account look as though it is being traded from somewhere the trader is not, which complicates verification.
Related
Terms thatcome with it
Most rules only make sense next to the ones they interact with. These are the entries this one depends on.
Latency
The delay between an action and its effect - an order leaving your machine and reaching the venue, or a price leaving the venue and reaching your screen. Measured in milliseconds.
Algorithmic trading
Trading decisions and execution driven by code rather than by a person. It covers everything from a single automated entry rule to a fully systematic strategy running unattended.
Expert advisor
A program that places trades automatically according to coded rules. It executes a strategy without a trader present, which removes hesitation and removes judgement at the same time.
Account sharing
Letting someone else trade your account, or trading an account belonging to someone else. It defeats the purpose of an assessment of an individual, and it is prohibited everywhere in the industry without exception.
KYC
The process of confirming who owns an account, using identity documents and supporting information. It is required before money moves, and it is the most common cause of a delayed first payout.
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