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Date/Time: Mon, 22 Apr 2024 22:01:03 +0000



Post From: AMP needs Sierra Chart approval to move accounts to Teton

[2023-04-20 08:56:23]
User13668 - Posts: 291
ex post #31
We think it might be related to their less experience with Teton order routing with their overnight risk management. So hopefully as they gain more experience, they can reduce margins.

I think you might be right.

March 13 was when I was finally set up with the beta and Live Trading was enabled. It was at this point I noticed AMP/Teton/SC was applying full exchange maintenance margins in the overnight session.

When I pointed this out to AMP they said margins were set to 100% in the overnight session and they were waiting on SC to make an adjustment for AMP for margins during the overnight session.

So it now seems that has been achieved, and although it is not the day session margins that are appying in the overnight session, I can live with 25% of the exchange maintenance margin - it is certainly better than 100%.

So my thinking (which is inline with SC thoughts) is that AMP want to get a bit of experience with Teton, maybe they want to see how it handles a volatile, fast moving session before they relax the margins in the overnight session (which I assume is when they have less staff on monitoring the markets and customers margins/net liquidity).

So I will give it a whirl again and start some live trading via Teton.