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Date/Time: Mon, 29 Apr 2024 17:27:20 +0000



Rithmic Data with Trade Execution through CQG

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[2019-07-17 00:07:31]
User148721 - Posts: 5
Hello,

I have a live funded CQG account with my broker at Stage 5 Trading (clearing firm is IronBeam). I also subscribe to Rithmic CME data through my broker because I wanted full depth data, and I assume that I also have a live Rithmic account (although I don't execute through Rithmic). I'm wondering if it is possible to chart CME real-time data from Rithmic data but have my trade executions go through my CQG account? I have searched through some of the archived support board posts but couldn't really find a clear answer. I also tried playing around with the DTS settings and it looks like I can only connect to CQG as my trading service and with no way to connect to rithmic for CME data at the same time. If this is possible, could you please kindly provide the steps to set this up?

Many thanks
[2019-07-17 00:29:23]
Sierra Chart Engineering - Posts: 104368
There is a monumentally much better way and that is to use this data feed instead of Rithmic:
Denali Exchange Data Feed

Also be aware of this new service:
Sierra Chart / Trading Technologies Futures Order Routing Service
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
[2019-07-17 01:15:07]
User148721 - Posts: 5
Thanks for the prompt response however, I'm still wanting to know IF there is a way to achieve running Rithmic data while executions go through my CQG account? If so, how?

I understand that it may not be the best method seeing that there is the Denali CME data bundle now and also the SC routing service, but it would be the simplest way for me to just run the rithmic data for now and execute through cqg if I can. It may not be comparable in data quality but I don't have to pay $30/month for rithmic data while the Denali data bundle would increase my data cost.

thanks again for any help you can provide.
[2019-07-17 02:41:04]
Sierra Chart Engineering - Posts: 104368
Right now the Denali Exchange Data Feed is $25 per month. And you have to pay Rithmic $20 a month.

Furthermore, with our data feed you will have true millisecond time stamping for market depth data. This is something we have released in our latest prerelease and is going to be fully available on our servers by the end of the week. This will not work with Rithmic.

Anyway to answer your question, yes and the documentation is here:
https://www.sierrachart.com/index.php?page=doc/MultipleServices.html#AccessingMarketDataFromOtherInstancesOfSierra%20Chart

But really it is not easier to do it as you are intending. It is complex. We also have inside knowledge of how everything works and we know that this is not a clean and efficient set up.

There simply is not an advantage to use Rithmic.
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: 2019-07-17 02:41:18
[2020-04-23 09:19:01]
kremat0r - Posts: 41
What to use if someone is trading only Eurex?

Now I'm also at point that I need to choose datafeed in Stage5, for now I choose Rhitmic(+their routing)+Eurex data from them.

TT routing for Eurex for what I know is 250usd/month, too expensive

What do you recommend? Is there better choice?

Edit 11:34 Now I saw that you are working to put Eurex working with Denali.
Date Time Of Last Edit: 2020-04-23 09:34:34
[2020-04-23 10:05:22]
Sierra Chart Engineering - Posts: 104368
Then just stay with Rithmic for now but there is also CQG:
CQG Trading Platform Service

Yes we are going to be adding EUREX to the Denali feed as soon as we can. Data will be delivered out of Frankfurt.

TT routing for Eurex for what I know is 250usd/month, too expensive
That might be through some clearing firms but certainly not all. We are quite sure AMP does not charge this.
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: 2020-04-23 10:05:45
[2020-04-23 10:17:06]
kremat0r - Posts: 41
I'm talking with Stage5 right now with Dorman as clearing firm, I will ask about this 250$/month for TT.

Now I see If I'm right that I can use that best combination:

Sierra Exchange Data Feed 35$ (later I can switch to Denali?)
Eurex Data 21$

and TT routing 0.1$/contract

Commission and exchanges fees on my behalf.

I'm right?
Date Time Of Last Edit: 2020-04-23 10:17:29
[2020-04-23 10:57:05]
Sierra Chart Engineering - Posts: 104368
The Sierra Chart Exchange Data Feed is 25 USD per month for access to 20 real-time symbols at a time. The other pricing you mentioned is correct.
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
[2020-04-23 12:35:14]
kremat0r - Posts: 41
Unfortunately

To NewTT - Eurex Traders,

This is to inform you of an important platform pricing change for the NewTT Eurex environment.

Starting on Jan. 1, 2020, NewTT Eurex Traders – will be subject to paying their NewTT new “MAP” fee (Market Access Provider), for access to Eurex trading.

This NewTT "MAP" fee for Eurex access will be $250 per user, per month.

This newTT MAP fee will be strictly a pass-through from the NewTT invoice, through any FCM, to the trader’s account.

Please kindly acknowledge that each of the below-noted current Eurex traders would like to continue having Eurex trading access on NewTT, after Jan. 1, 2020 -- AND are willing to pay their new MAP fee of $250 per month.

Date Time Of Last Edit: 2020-04-23 12:35:33

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