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Date/Time: Sat, 20 Apr 2024 09:46:09 +0000



Transitioning from TransAct

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[2022-06-22 02:53:07]
User119122 - Posts: 24
I am trying to figure out what I need to do to transition from TransAct and Infinity Futures Brokerage.

1) I believe that for a Data feed, Denali is the service I need, Level 11. I’m currently Level 5.
2) I don’t believe that you are a Broker, so I need to open an account with a Broker other than Infinity Futures that you support. Is that correct?
3) I believe that Teton is your order entry platform that I could use if the new Broker does not have an order entry platform, or if I just want to have data and order entry integrated with Sierra. My concern with using Teton is if there is any problem, such as a stuck order or connection issues, you have no phone support for a quick response. Is this all correct?
4) I have a small account $1000, so I will only be trading the micro contracts for the SP500 (MES), Crude Oil (MCL) and Gold (MGC). And I don’t need multiple price levels on the Dom. I believe that just one level is called “top of book”? That’s it for now.

Please confirm my understanding above or correct.

Larry
Date Time Of Last Edit: 2022-06-23 16:29:08
[2022-06-22 16:37:38]
John - SC Support - Posts: 30976
1. Yes, you will need to be on Package 11.

2. We are not a broker. If you want to use our Teton Order Routing Service, then you will need to go through the Setup Instructions for the Teton Order Routing Service, which in Step #2 lists brokers that support the service:
Sierra Chart Teton Futures Order Routing: Setup Instructions

3. You need to have a broker that supports the Teton Order Routing service, as we are not a broker. If there are any problems with orders you contact your broker, just like you do today with Infinity.

4. You are correct, that would be the top-of-book exchange. Keep that in mind when you go through the process of activating the Denali Exchange Data Feed. In step 5 of the Teton Order Routing is where you will activate the Denali Exchange Data Feed.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2022-06-23 16:46:56]
Stage 5 Trading - Posts: 152
Hi Larry,

As a former Infinity Futures Broker, I fully understand the annoyance of changing brokerage firms. With that being said, Stage 5 takes great pride in helping Transact/Infinity traders transition as seamlessly as possible. Personally, I believe the best solution would be to switch to Sierra Teton Order Routing with Denali for real time and historical data. This is all maintained by Sierra directly, which I feel provides great benefits to traders as Sierra can focus on enhancements instead of maintenance of other third party order routing feeds. In addition, I feel it is the best overall quality and value for traders.

You can open an account for as little as $100 and you will receive $0.20 per side commissions on the micros and $0.45 commissions on non micros plus exchange and regulatory fees.

Please feel free to contact us and we will gladly assist you with any questions you may have and/or the process of transitioning your account and hopefully helping you improve your current trading solution. We would be able to provide some DOM chartbook layouts that will hopefully be more in line with what you are accustomed to. In addition, we would be more than happy to have a remote session to help get you setup with the new layouts.

If you have questions or would like to speak to an assigned personal broker for details, please call us at 1-312-896-9897 or 1-800-258-6675. You can email us at sierrachart@s5trading.com and can also contact us here: https://stage5trading.com/contact/

If you are ready to move to the Teton Order Routing solution right away, we invite you to complete an application by clicking the blue button at the top of the https://stage5trading.com/ page that says Introducing Sierra Chart Teton Order Routing - Click Here to Open an account

Thank you,
Anthony Giacomin
Stage 5 Trading

Trading derivatives carries a high degree of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results.
Date Time Of Last Edit: 2022-06-23 16:47:24

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