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Date/Time: Thu, 29 Feb 2024 19:31:17 +0000

Post From: Question about connecting IBKR to Sierra Chart.

[2023-03-17 21:28:42]
John - SC Support - Posts: 29528
The [Sim] is for Simulated Trading (which will only be there if the chart has Chart Trade Mode On enabled). The [M] will show up after the symbol in the chart header. Refer to this image:

In terms of the need to activate the exchange, this is the case. Package 11 does not give you the Denali Exchange Data Feed, it just makes it possible to get the real-time data from the Denali Exchange Data Feed, which needs to be setup, as you have now done.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing