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Date/Time: Thu, 02 May 2024 14:13:29 +0000



Direct routing to CME vs through TT

View Count: 710

[2020-06-19 22:21:45]
User790545 - Posts: 41
Hello,

Per Sierra Chart Does Not Recommend CQG (Various Reasons) it is mentioned:

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.

Is this available yet?

Thanks
[2020-06-20 03:29:15]
Sierra Chart Engineering - Posts: 104368
Gradually we are continuing work on this. It is not ready yet. We hope to complete CME certification this coming week. Lately we have been working on the risk-management side and redundancy. We are not devoting full-time to this task.
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
[2020-06-21 23:25:54]
AlexiaDiaz - Posts: 6
Will there be a charge for this? Still $0.10 per contract?
[2020-06-21 23:43:18]
User790545 - Posts: 41
How is it envisioned that transitioning be handled between the current TT routing setup and the direct routing system?
[2020-06-21 23:53:14]
Sierra Chart Engineering - Posts: 104368
Will there be a charge for this? Still $0.10 per contract?
It will be lower.

How is it envisioned that transitioning be handled between the current TT routing setup and the direct routing system?
We cannot answer this. This is too far in advance, and this is contingent on what clearing firms accept the offering and how they would proceed. They would have to be directly involved in that. As we said, this is far too in advance to even be discussing 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: 2020-06-21 23:53:52

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