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Date/Time: Fri, 10 May 2024 02:28:15 +0000



SC Order Routing Fees via TT when using the Denali Data Feed

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[2020-03-10 10:22:57]
gambleditall - Posts: 16
I am with Amp Futures and am interested in using the Denali Data Feed with the CME Bundle. I calculated that the total monthly fees will come to:
Denali Data Feed (20$) + CME Bundle (15.75$) = 35.75$ per month.

I understand that SC Order Routing is done via Trading Technologies as mentioned on your website. However, it does not state if there are any additional fees per round-trip when routing orders through SC/TT.

For example, in the link given below, when subscribing to the same services (Denali Data Feed + TT order routing) directly via Amp, it mentions that there are fees or 0.10 USD/side per contract. I would like to know if the TT order routing fee is applicable even if I subscribe directly to Sierra Denali + routing (not via Amp).

Thank You!
[2020-03-10 18:00:10]
Sierra Chart Engineering - Posts: 104368
The Order Routing fee of $0.10 per side is consistent with whomever you use as your Introducing Broker for the Sierra Chart Order Routing with TT. So you would still pay that fee even when using a Sierra Chart account direct through Sierra Chart.

As a side note, the cost of the Denali Exchange Data Feed is only $20.00 per month if you are using the Sierra Chart Order Routing Service. Otherwise, it is $25.00 per month. Refer to the information here:
Denali Exchange Data Feed: Pricing
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: 2020-03-10 18:00:30
[2020-03-10 18:06:03]
gambleditall - Posts: 16
Yes its 20$ per month but there is also a fee of 15.75$ per month for the CME Bundle so it amounts to 35.75$ per month. Or are you saying its 20$ per month including the CME Bundle?
[2020-03-10 18:08:33]
Sierra Chart Engineering - Posts: 104368
Yes you are correct about the price of 35.75. But that price of 15.75 doubles next month because the CME is raising their prices.
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: 2020-03-10 18:08:53
[2020-03-10 18:10:42]
gambleditall - Posts: 16
What if I subscribe right now? Does it double for existing subscribers?

Also another question I had was, if I do order routing via Sierra, would that mean the fees for the roundtrips (0.10 per contract) would come via credit I would have to top up in my Sierra account?

Thanks for the help!
Date Time Of Last Edit: 2020-03-10 18:11:10
[2020-03-10 18:20:23]
Sierra Chart Engineering - Posts: 104368
The CME market depth data cost doubles for everyone next month. No way to escape that.

if I do order routing via Sierra, would that mean the fees for the roundtrips (0.10 per contract) would come via credit I would have to top up in my Sierra account?
Yes.
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: 2020-03-10 18:20:33
[2020-11-01 12:35:20]
User696356 - Posts: 4
So am I correct with these two options with AMP?

Denali Data Feed (20$) + CME Bundle (30$) = 50$ per month

or

CQG-CME Bundle = 30$ per month
[2020-11-02 16:40:42]
John - SC Support - Posts: 31509
You have the correct numbers for the Denali Exchange Data Feed assuming you are using the Sierra Chart Order Routing Service. If you are not using the Sierra Chart Order Routing Service, then the cost of the Denali Exchange Data Feed is $25.00 USD per month.

We cannot speak to what AMP charges for other data, you would need to ask them about that.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-02-18 22:25:45]
User202883 - Posts: 24
I was just informed by my broker (Stage 5) that rather than the free Sierra Chart order routing that I signed up for, there is now a $50 per month order routing fee. Can you please explain the reason for this?
[2021-02-18 22:58:35]
John - SC Support - Posts: 31509
I was just informed by my broker (Stage 5) that rather than the free Sierra Chart order routing that I signed up for, there is now a $50 per month order routing fee. Can you please explain the reason for this?

We certainly can't tell you the reason for this. It doesn't have anything to do with us (Sierra Chart). You would need to ask Stage 5 about this.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-02-19 00:02:36]
PhiX - Posts: 34
It doesn't have anything to do with us (Sierra Chart).

From the Stage 5 email...

This is a TT charge that covers the cost of the TT connection to CME.

SC order routing is through TT. So TT didn't inform you guys?
[2021-02-19 00:16:56]
User75002 - Posts: 117
I'm told that this is a TT charge to Advantage clearing and Advantage is passing it along to the customer. I don't know what is going on with TT since this outage, but they aren't earning any gold stars in my book.
Date Time Of Last Edit: 2021-02-19 00:20:32
[2021-02-19 00:21:09]
User202883 - Posts: 24
Well whatever the reason, it was a surefire way to get everyone to switch to CQG.
[2021-02-19 00:24:32]
PhiX - Posts: 34
I'm told that this is a TT charge to Advantage clearing and Advantage is passing it along to the customer.

What about Amp, Dorman, Phillip or the other FCMs using SC/TT order routing? Their customers must be getting charged too.
[2021-02-19 17:01:21]
Sierra Chart Engineering - Posts: 104368
We are not aware of this fee, from these clearing firms:
Amp, Dorman, Phillip

There is nothing new from TT that we are aware of.
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: 2021-02-19 17:01:32

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