Support Board
Date/Time: Tue, 16 Sep 2025 12:29:51 +0000
Professional vs Non-professional
View Count: 140
| [2025-09-10 13:15:08] |
| User948801 - Posts: 2 |
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Hello, I set up this account on behalf of my UK-registered company. We hold an Interactive Brokers account, where we successfully applied for reclassification as a professional client. This was done by providing evidence of: - Transactions of significant size (value of trades totalling at least EUR 200,000) on the relevant market at an average frequency of 10 per quarter over the past 4 quarters; & Current account equity of at least EUR 50,000. - A financial instrument portfolio (including cash deposits and financial instruments) exceeding EUR 500,000. - A key member of the team works or has worked in the financial sector for at least one year in a professional position, which requires knowledge of the transaction or services envisaged. Meeting two out of the three required criteria, Interactive Brokers approved us as a professional client. However, we are not registered as a professional with any other organisation. Our goal now is to connect our Interactive Brokers account to Sierra Chart so we can begin using Order Book data immediately. Specifically, we need CME data in order to trade S&P futures. On the Sierra Chart portal, the CME section requires signing a declaration that states the user must be non-professional to access the data. This is where I need clarification: Should our organisation be treated as professional or non-professional for Sierra Chart’s purposes? If we are considered professional, what is the process for gaining access to CME Order Book Level 2 data? Any guidance on how to proceed would be greatly appreciated. |
| [2025-09-10 14:53:37] |
| John - SC Support - Posts: 41827 |
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If you are considered a Professional trader by Interactive Brokers, then you would be a Professional trader to the CME Group. You can get data for the CME Group as a Professional from our Denali Exchange Data Feed. There are exchange options for "Non-Professional" and "Professional" at the following link: https://www.sierrachart.com/UserControlPanel.php?page=DenaliDataFeed Follow the instructions at the following link to setup the data: Denali Exchange Data Feed: *Setup Instructions: CME/CBOT/NYMEX/COMEX Exchanges* When you fill out the "CME Non-Professional Certification", you will select the option for "I do not qualify as a Nonprofessional". Once the agreements are processed, you will only see the options for the Professional exchanges. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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