Date/Time: Tue, 07 Jul 2020 18:06:59 +0000
Post From: Regarding Rithmic (Our Final Post on this Subject)
Sierra Chart Engineering - Posts: 87345 | Ending Date: 2021-04-05
There are numerous posts on this board regarding Rithmic and we have been asked about whether Sierra Chart will be supporting the connection directly to the R-Trader software to avoid paying exchange fees a second time when using Sierra Chart.
This connection would mean that when you are only paying one set of exchange fees to Rithmic, this would allow use Sierra Chart at the same time as R-Trader and other programs.
Sierra Chart has discontinued all technical support for Rithmic effective December 2019 and any updates because those updates are not technically possible (Refer to post #15 below).
If you have been referred to this thread, and you have some issue involving a connection to Rithmic or some issue/question about Rithmic with Sierra Chart, we will not be providing technical support for it.
The state of Rithmic is as is and will be removed effective December 31, 2020, from Sierra Chart completely in newer versions.
The technical integration that Sierra Chart has to Rithmic is substandard due the type of interface provided by Rithmic. We understand why it is used by users, but it will not be even possible to use newer versions of Sierra Chart released after that time with Rithmic.
It is part of our plans to have a single unified way to support market data from and order routing to common exchanges in order to provide the best level of service.
So Sierra Chart is not going to be supporting the connection to R-trader to save on exchange fees because we do not have the technical ability to do that. The Rithmic bridge program has not been in active development for about three years now, and it cannot be changed.
The current supported services are listed here:
The preferred alternatives to Rithmic are as follows:
https://www.sierrachart.com/index.php?page=doc/SierraChartOrderRoutingServiceWithData.php (Have a look through the Introduction section on that page for the benefits of using this service as compared to Rithmic. This service supports multiple simultaneous connections without restriction.)
https://www.sierrachart.com/index.php?page=doc/DenaliExchangeDataFeed.php (This service supports three connections per same device)
https://www.sierrachart.com/index.php?page=doc/DelayedExchangeDataFeed.php (No connection limits)
https://www.sierrachart.com/index.php?page=doc/SimulatedFuturesTradingService.php (No connection limits)
And if you are trading on exchanges other than or in addition to the CME Group (all four market data centers), use CQG:
Once we add EUREX to the Denali Exchange Data Feed delivered out of Frankfurt, then we would recommend using the Sierra Chart order routing service for EUREX trading. But for now we recommend just staying with CQG. We do have EUREX data available with the Sierra Chart Exchange Data Feed although that comes out of Chicago and not Frankfurt.
If you are not able to connect Sierra Chart to Rithmic because you are also running R-trader, what is the reason that you run R-trader at the same time?
If it is for a secondary means of access to your account, with the Sierra Chart Order Routing Service, you already have a secondary means of access through the available web-based trading panel:
Additionally you can also connect to the Sierra Chart Order Routing Service from Sierra Chart as many times as you want on the same or different systems. In the case of when using different systems, if you are not paying additional exchange fees to access the real-time data, you can use the delayed data. For instructions refer to:
Sierra Chart Support - Engineering Level
Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
Date Time Of Last Edit: 2020-07-06 18:38:16