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Direct MessagesDate/Time: Fri, 03 May 2024 15:03:31 +0000
AMP w CTS - T4 Cost savings inquiry
View Count: 1521
| [2018-05-01 11:04:06] |
| nathanpuri - Posts: 9 |
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Hi, I'm trying to understand what is low cost about this option? I signed up with AMP Futures. In addition to the Sierra License of $25, I would pay $10/mo for CTS charged from my AMP monthly fees. Then, also on Sierra Chart I would have to pay $10/mo? It's confusing what I'm paying for, to whom, and why? Please clarify. Thank you. -Nathan |
| [2018-05-01 11:57:26] |
| nathanpuri - Posts: 9 |
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So looking at AMP's trading setup page, I can select only CTS T4, but which version should I select, if I want the "Advanced/ Lower Cost Connection Model"? CTS Webtrader only - transactional .50 with a 500 cap CTS T4 Core - nonpro transactional .20 $35/mo min no cap CTS T4 Advanced non pro transactional .20 $200 min no cap ___ I'm assuming then I would not select any exchange data to AMP, and I would pay them to Sierra Chart along with the data I want? Still not seeing where I save money Thanks.. Nathan |
| [2018-05-01 18:57:06] |
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This is confusing and we need to contact AMP and work out a proper solution to this. We will do that now. You should get a low per contract fee from AMP with no additional monthly fees or data feed fees. Message to AMP: We have an integration method to CTS what we call the low-cost connection model: http://www.sierrachart.com/index.php?page=doc/CTS_T4.php#SetupInstructionsForAdvancedLowCostConnectionModel There is a $10 fee per month that we bill ourselves to the user that we pay to CTS. There should not be any monthly fees on your side at all when a user wants to choose this. Can you offer that? And there should be a low per contract fee. If you look at this thread here user is asking about this and getting confused: AMP w CTS - T4 Cost savings inquiry It is confusing, because the fees and descriptions on your side do not correlate to the service we are offering. 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: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation 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: 2018-05-01 19:00:01
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| [2018-05-03 22:58:54] |
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We will follow up with AMP about this again today.
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: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2018-05-14 04:40:46] |
| User379884 - Posts: 45 |
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Hello, Was there any response from AMP clarifying this? Many thanks. |
| [2018-05-14 05:11:30] |
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Yes they said they would make sure that they are going to be in sync with the pricing that we state. And we also gave them your email address. So we thought they would follow up with you directly. We will ask them again now. 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: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2018-05-14 05:13:45] |
| User379884 - Posts: 45 |
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Thank you. I am a different person to the OP. |
| [2018-05-14 05:39:55] |
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Okay we clarified that with AMP.
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: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2018-05-14 10:07:06] |
| nathanpuri - Posts: 9 |
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Ok so I will follow-up with them; thank you
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| [2018-05-18 10:27:46] |
| nathanpuri - Posts: 9 |
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I need a further follow-up question... What are the exchange fees per transaction? What would be the total round trip, commissions and fees, on one round trip trade on the ES? Thank you.
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| [2018-05-18 19:00:02] |
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We know the pricing per side per contract from CTS is .10 but this is just going to be the CTS rate. Your broker obviously has to add an additional fee, so you need to contact your broker.
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: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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