Support Board
Support Board
Search Board
Control Panel
View My Posts / Threads
Direct MessagesDate/Time: Sat, 20 Apr 2024 10:10:28 +0000
Post From: Available: More Market Depth Levels for CME Futures with SC Exchange Data Feed!
| [2018-09-28 05:02:16] |
| |
|
Just offer that at extra fee - This is more work than it is worth. you can introduce a two tier infrastructure and subscriptions for market data - the SC market data subscribers who want the full market depth pay higher fees, BUT use a dedicate, separate market data ticker plant. In this way you can manage the overload of the current common ticker plant and also pay off the eventual new separate ticker plant This is vastly more work than it is worth. And primarily only the CME and Barchart benefit by this. We do not. There is very little gain for us in this.ps1: also my advice is to continue maintaining the support for the Rithmic data feed - or a lot of customers (including myself) are going to be upset. You have to understand that part of the popularity of SC is its support for broad range of market data and trading services - moaning about that (as in the above post from SC) shows lack of business understanding what factors drive the sales of SC (hey we pay money for SC it is not a free product - so what exactly is your problem. Or if you have a "problem" then just increase the price. The alternative is just keep moaning and leave a void in the market - trust me it will soon be filled by somebody else, as history shows)
Our statements are an expression of the absurdity of the exchange policies, and that our abilities are far above everyone else we work with. And ultimately if we have to drop some services, and if we lose business, that is the desired outcome because ultimately our objective is to increase business dramatically like 10 times, by creating more practical and efficient operations and ultimately benefiting our user base by providing the services reliably that are required.And ultimately our problem is we are not happy with the quality of the backend services. Because when those are of poor quality, it creates more of a support burden on us, and a poor impression of us. That is just not acceptable. At this point the only reason Rithmic is being held onto it is because it is used for trade simulation and there is not an alternative and the alternative is not there because of CME market data policies because we have our own ultra high quality alternative but it is not entirely viable due to CME market data policies. And if these backend services, are not meeting our standards, we have to at some point drop them and create our own. The problem is when you deal with exchanges this is very difficult due to the high cost of exchange connectivity. This is why in the end you suffer. What would we be worth if we do not openly complain about this stuff and talk about the garbage crap from exchanges and there crap policies. And we are only being too kind here. Who comes out and calls out the absurd policies for what they are. To our knowledge this is not really commonly done although the SEC is looking at what the equity exchanges are doing in the United States in regards to market data policies. So clearly the problem is being understood. Even take FTSE Russell and their new market data policies. Barchart dropped FTSE Russell and called their new market data agreement "draconian". They called it "draconian". It is not just us complaining. Anyway we are talking to TT now, about low cost order routing. TT can do order routing at .05 a contract and even lower, and then if use our data feed at 25 a month and if we can get Barchart to increase the number of symbols, we think this is going to be an excellent solution. You have to already now pay Rithmic 25 a month plus trade fees. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2018-09-28 05:36:33
|