Date/Time: Thu, 23 Mar 2023 18:36:31 +0000
Post From: Now Released: Upcoming CME / EUREX Direct Routing
|Sierra_Chart Engineering - Posts: 7307|
We we also want to clarify one thing mentioned previously comparing the CME convenience gateway (CGW) to the market segment gateway (MSGW).
Although trading platforms like CQG or TT support the market segment gateway, the decision whether the market segment gateway or the convenience gateway is used is made by the clearing firm.
We have thought that in the case of TT they have iLinks directly from the exchange and they use iLink route through functionality to route orders from multiple clearing firms.
Based upon what we are told, it is the clearing firm who provides the iLink to the infrastructure providers like TT or CQG and it is the firm who decides whether they provide a link for the convenience gateway or the market segment gateway.
In most cases, the convenience gateway is what is provided for accounts for retail traders. It is the convenience gateway which is used in most cases.
Sierra Chart Support - Engineering Level
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Date Time Of Last Edit: 2021-10-06 15:58:28