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Date/Time: Sat, 04 May 2024 23:03:21 +0000



Your recommendation

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[2020-01-02 10:09:55]
AD544 - Posts: 64
Since you are not recommending traders to use CQG, what's the best solution for an AMP customer that want to use Sierra Chart?
I mean a free data service

Sierra Chart Does Not Recommend CQG (Various Reasons)
[2020-01-02 16:25:29]
AD544 - Posts: 64
Please can you reply to my question?

Also with a paid data feed, but needs to be not expensive

I want enabled the following markets:

1)CME, CBOT, NYMEX, COMEX (Bundle)(FULL DEPTH)

2)Eurex (FULL DEPTH)

Sierra chart package 3 o 5?

What I will pay monthly?

(Do you support italian by email or by phone?)
Date Time Of Last Edit: 2020-01-02 16:26:13
[2020-01-02 18:51:35]
Sierra Chart Engineering - Posts: 104368
In your case we definitely recommend you use CQG since you require EUREX. That will be the best overall choice:
CQG Trading Platform Service

As far as what package to use that is your choice. They are documented here:
Description of Service Packages and Pricing

If you want to write an Italian here on the support board we can respond and do translations. We do not provide support in Italian by email or telephone.
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: 2020-01-02 18:52:12
[2020-01-03 00:37:12]
AD544 - Posts: 64
you recommend use CQG but you wrote this few weeks ago...

HOW THINGS ARE NOW???

We hear about so many problems with CQG with connectivity, that we are not recommending people use it any longer. Unless you are happy with the problems. We also have a notice here about this:
CQG Trading Platform Service

Now we have a new order routing service which is documented here:
Sierra Chart / Trading Technologies Futures Order Routing Service

But this is based upon TT order routing. There have been some issues recently with TT but on balance we think you are better off. But this is ultimately a decision that you will need to make.

We really have had enough of the CQG problems. We do not want to be bothered with CQG connectivity problems any longer. We are always very respectful to users.

Now the ultimate solution is the direct routing we are working on at this time to the CME. This is going to be a very high quality and redundant connection. This is all going to be handled in the Aurora data center, through our technology provider, which handles high-frequency and ultralow latency trading.

And this is something we are going to begin to offer in the coming months and that is going to bypass CQG and TT and others for CME CBOT NYMEX and COMEX trading. This is part of our unified order routing model we are working on. We are very excited to get this out as soon as possible.

Now we will continue to support TT order routing as well and CQG order routing if you want to use those. Those will remain.

We have had enough of the problems because they make us look bad and they take our time and they hurt users, and this is why we are developing direct routing to the exchanges. And we are not even going to charge a per contract fee if you trade something like under 50 contracts a-month. We will come up with the exact number at some point. So you will pay a fee of nothing as compared to as much as $0.30 per contract per side that others charge.

After you are trading a certain number of contracts we do expect a fee of .05USD per contract.
----

The latest incident is someone asking us to pay them >$10,000 for a loss, for CQG lagging data and connectivity issues. In regards to this type of claim, refer to:
Sierra Chart License Agreement: Explanation of No Liability

In this particular case, we receive something like less than 15 USD/month for that user and the broker is receiving something like $1000 in trading fees a month. And we are being burdened with this problem. This is nothing more than nuts to say the least. Absolute nuts. And yes if the customer wants us to look into it. We are going to charge for it and they must pay! If they do not want to pay, they can just leave. This is not worth our time at all. You users, need to face hard reality.

So sorry, we have had enough with CQG and we are not recommending it any longer, and we are not saying that our order routing service at this point in time is the absolute best because it is based on TT and TT does have issues, but it does offer advantages. And we are working to remedy this problem with our own order routing direct to the exchange.

And this is not the first time this is happened. There have been two other incidents where people are asking us to pay for losses because of substandard CQG services. First of all it is absolutely nuts to be even be asking us for that. And completely and totally out of bounds and inappropriate and you should know that.

We should have never supported the CQG data feed.

Date Time Of Last Edit: 2020-01-03 00:38:48
[2020-01-03 18:42:35]
Sierra Chart Engineering - Posts: 104368
Our recommendation is to use CQG since you require EUREX.

Once we have a better solution for EUREX we will recommend that. But right now CQG will be the best.
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
[2020-01-03 19:47:37]
AD544 - Posts: 64
Our recommendation is to use CQG since you require EUREX.

Once we have a better solution for EUREX we will recommend that. But right now CQG will be the best.

Ok but the issues you mentioned in October in the post above have been definitively solved?
[2020-01-04 04:38:39]
Sierra Chart Engineering - Posts: 104368
We cannot say but CQG does have good order routing.
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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