Updated October 14, 2026. The original article, published on October 26, 2020, introduced a new New Hope quote feed. The video remains an archive resource; the explanation below shows how to evaluate a feed today. A historical product name or a successful moment in a recording does not establish current speed or product scope.

What the archive video explains

• 1:05 — FAST and SLOW graphs: the presenter describes visual comparison of quote changes.

• 3:55 — multiple sources: the discussion introduces combining feeds with different characteristics.

• 5:00 — Top of Book: the presenter describes selecting the best buy and sell prices from connected sources.

• 13:21 — using the graphs: they are presented as a way to identify delays visually.

This outline uses the video's published English captions. Its LMAX comparisons and numerical speed claims reflect the presenter's position in 2020. They are not used here as evidence of current superiority or profitability.

What a fast feed means in a trading system

A feed is a stream of market data, not an instruction to trade. It delivers changes in prices and other available information about an instrument. Fast describes delivery under particular conditions: from a particular source to a particular application. It does not mean every order will execute at the price shown on screen.

Separate three events: the source generates an update, the application receives it, and the broker reports the outcome of an order. Network transport, message processing and trading rules sit between those events. For example, the official cTrader FIX API communication model treats market data and execution reports as different messages. This illustrates an API design; it does not establish how the archived demonstration was implemented.

Make sure you are comparing equivalent prices

The same EURUSD label in two windows does not make a comparison valid. Check whether each display shows bid, ask or last trade. Confirm the instrument, price precision, trading session and origin of the data. A difference between venues may reflect different available liquidity, rather than a delivery delay.

Compare streams on one machine, or document how clocks across machines are synchronized. If one log uses a source timestamp and another uses local receipt time, subtracting the two is not a reliable measurement of network delay. Our explanation of liquidity providers and price sources gives the broader context.

A simple receipt-time example

Suppose the same recorder on one computer logs a comparable ask-price change from feed A at 10:00:00.120 and from feed B at 10:00:00.145. The difference in receipt time is 25 milliseconds. This is an educational example, not a New Hope benchmark. It does not show that A is always faster or that trading results will improve by a particular amount.

Repeat the observation across a period chosen in advance. Measure typical delays, unusually large delays and interruptions separately. Keep cases where the apparent lead changes direction. Selecting only the most attractive moments makes the comparison misleading.

What to record when evaluating a feed

• The source, instrument, bid/ask side and price precision.

• The source event time, where available, and a separate application receipt time.

• The time zone, clock synchronization method and recorder location.

• Connection losses, repeated messages and periods without updates.

• The software version and market-data subscription settings.

• The test interval, including ordinary activity and predefined periods of higher load.

A lack of new quotes can mean a closed session, unchanged prices or a subscription problem. A motionless chart alone is not proof of a feed failure. Hosting decisions should consider the whole route to the source and broker; see our guide to VPS hosting for trading.

Connect the data test with actual execution

Once you have compared quotes, check the next part of the chain: order submission time, acknowledgement, execution price and quantity, rejection or partial fill. A strong feed measurement can coexist with poor execution if costs or available liquidity change the economics of the trade. Use our order, fill and cost audit for this part of the evaluation.

Do not start live trading solely because a recording looks convincing. Establish the permitted risk, account conditions and stopping criteria first. Old feed names, prices and interfaces may belong to a different generation of the system.

Where to check the current New Hope configuration

The NH PRO setup guide explains current connection options and preparation steps. Read it alongside the scope of the package you are considering and your own trading environment. Confirm availability with the team if you need a particular source or instrument: an archived announcement does not replace a current specification.

Related reading: source and instrument archives

These publications complement feed evaluation with historical source and instrument details. Their dates matter when comparing them with today's connection.

• Bank Stock update — Currency pairs and quote-unit checks.

• The 2021 LMAX comparison — The original feed-comparison archive.