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Date/Time: Thu, 13 Jun 2024 10:31:31 +0000

Post From: New Teton Order Routing Service for CME, CBOT, NYMEX, COMEX, FairX, upcoming EUREX

[2022-02-17 19:36:04]
Sierra Chart Engineering - Posts: 104368
We just want to give a quick update regarding EUREX. We have now learned that to connect to EUREX for order routing, is going to cost us about another €6000-€12,000 per month. At €12000 per month it would not be worth it. At €6000 per month we can probably get by with that.

However once we release this, not immediately, but within two or three months, we absolutely will not allow EUREX order routing through anywhere else. Maybe with the exception of Interactive Brokers, but only at the service package 11 or higher. Anywhere else, it will not be allowed whether that is through CQG or Rithmic or anywhere else (Transact, CTS, Gain capital which are in the process of being discontinued). EUREX trading must go through our own direct routing.

The reason we do this is when we invest so much money and effort into a project like this, we want people to utilize it and we want users to have the very best order routing. These are some reasons we would not allow order routing through any other method. And we would also put a requirement to have service package 10 or higher to support EUREX order routing. A determination on this will be made later.

And we also want to comment, on the integration to exchange like EUREX or CME as compared to FairX. Integrating to exchanges like the EUREX or CME, is a major development effort. Something like FairX is very trivial by comparison and has zero costs and is an incredibly more simple by comparison. It is easy and takes little time. A project like CME or EUREX, is going to be 20+ times the effort.
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:

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: 2022-02-17 19:38:23