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Date/Time: Thu, 28 Mar 2024 12:07:49 +0000



Single Execution for Multiple Trading Accounts Under 1 Login - Rithmic

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[2021-10-09 10:22:22]
JKTT - Posts: 7
Hi Team,

Currently, I am running the Denali feed for real-time + historical data, and executing orders through a Rithmic login and trading account within.

I am in the process of being allocated another funded account (under the same Rithmic login), and I need to find a means of being able to have single execution, and trade management, apply to both/all trading accounts under the one Rithmic login - ideally with control over sizing via a ratio/% calc.

Is this possible natively in Sierra? If not, will it ever be or does it exist as a current third-party offering?
Worse case.. What would I need to communicate to a dev to have them build me something for achieving this?

Other traders I know who manage multiple accounts under a single login - copying trades between all accounts with control over sizing and management etc - use Ninja and a third-party tool. I would greatly like to avoid having to move to Ninja (yuck) for this.

Appreciate your help.
[2021-10-10 14:08:21]
John - SC Support - Posts: 30399
What we have available is described at the following link:
Order Allocation to Trade Accounts
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-10-12 15:01:40]
JKTT - Posts: 7
Appreciated.

Two Questions:

1) As my live accounts are managed accounts with terms I adhere to - not currently flexible, I don't have the option of using Sierra Order Routing at present.

I assume that the only way to be able to copy trades from one Rithmic login trading account to another Rithmic login trading account would be with a 3rd party dev tool?

2) I can't find anything within the copying function built into Sierra (when dealing with multiple accounts under 1 login) that allows one to set a ratio/fixed value for the contract sizing between master and slave account - Is this possible?
[2021-10-12 16:59:22]
John - SC Support - Posts: 30399
1. You are correct. Although we do not know of any tools ourselves. But it is definitely not possible to use Sierra Chart to copy trades between accounts that are under different logins.

2. It is not possible to set a ratio for the sizing of contracts between the accounts. At this time it is a direct 1 to 1 copy of the trades between the accounts.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

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