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Date/Time: Tue, 30 Apr 2024 12:40:38 +0000



Post From: Sierra Chart Futures Order Routing Service With Data

[2020-02-08 10:39:00]
Futurestrader77 - Posts: 126
I´ve some questions regarding this service (Sierra Chart / Trading Technologies Futures Order Routing Service) as I´m using TT already and had been using SC for a long time before.

You are saying that: "This new order routing solution is meant to evolve over time to be the very best and lowest cost futures trading solution for the Sierra Chart user base."
How can it be the lowest cost futures trading solution since you can´t use any data for charting coming from TT? This would mean to pay exchange fees twice.
So the costs would be:
TT: 50,-$/month
CME Bundle: 20,-$/month (since 2020)
Plus Denali or SC Data Feed
Plus CME Bundle: 15,-$/month (again through SC)

Same is true for any other Exchange you have to add.
There is now another problem regarding Eurex. I was with Dorman and they now requiere you to pay the 250,-€/month ETI session fee for Eurex besides the fee for the exchange itself. This applies to Advantage Futures as well but they are trying to reduce the costs in the future when X_Trader isn´t being offered anymore.
I asked Wedbush about TT but they didn´t want to offer it to retail traders at that time. Not sure about other clearing firms and about AMP (But I don´t want to go with them).

In my opinion TT with SC would only make sense if you don´t have to pay the exchange fees twice and are able to trade at Eurex without having to pay for the ETI session.

Besides that I´m sure the combination SC witch TT is great!

What is your opinion or am I missing some point here?
Date Time Of Last Edit: 2020-02-08 11:08:51