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Direct MessagesDate/Time: Thu, 18 Apr 2024 19:02:43 +0000
Post From: Question: AMP Transaction Fees, TT versus CQG.
| [2020-01-15 08:10:05] |
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When we have recommended using the Sierra Chart Order routing service which utilizes TT (Trading Technologies) trading accounts, it was with our understanding that the transaction fees that an AMP customer pays does not change if they are moving from CQG. And you will actually save if you are moving from Rithmic or CTS. Coming from CQG the commissions would be the same, the exchange fees would be the same, and the per contract fee remains at .10. The only additional cost is the Denali data feed for CME group data at 20 USD per month extra. And as we get more users we will see how we can adjust that cost but Sierra Chart is also providing considerably more data access than CQG for this price. We have heard from some users that there is an additional transaction fee when using TT. That fee is not being billed by TT to AMP because we pay TT for transaction fees. So we want to know if there are any additional transaction fees when using AMP for TT order routing versus CQG. And there is a major advantage to use the Sierra Chart TT order routing versus CQG for CME group markets: -Permanent storage on the server of order fill history to create long-term, complete and accurate and consistently stable trading statistics and profit/loss calculations. -Web-based trading panel which can also be used by a mobile phone (available now). No additional cost and connect as many times as you want to it without having to disconnect Sierra Chart. -Server managed bracket orders for safety and speed. Now if you are trading other markets like EUREX or other exchanges CQG is fine. We are only going to recommend what we think is the best solution for CME/CBOT/NYMEX/COMEX group trading. 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: 2020-01-16 06:11:43
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