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Date/Time: Wed, 01 May 2024 01:00:36 +0000



Requesting Help to Choose Service Package/Exchange

View Count: 71

[2024-04-09 16:01:08]
alwayspractice - Posts: 1
Hello,

I am new to Sierra Chart and wanted some purchasing guidance.
What service package and exchange do I need for my personal background:

I trade only SPY (NYSEARCA: SPY) on Robinhood and only want to use Sierra Chart for charting, footprint, and depth of market.
Please correct me if I'm wrong but my understanding is the following:

1. I should purchase "Service Package 11 or 12".
2. For real-time data on the Denali Exchange Data Feed, "NASDAQ TotalView US stock data" is all I need to trade SPY.



Related Questions:
I am looking to purchase the plans with the most data available.
Is there a difference between Market Depth included in Service Package 12 and MBO included in the Exchange?

I am unsure which of the following scenarios would be the best match and lowest cost.
Is it redundant if I buy Service Package 12 and NASDAQ TotalView?
Does Service Package 11 and NASDAQ TotalView include all data?
Does Service Package 12 and US Equities Consolidated Tape include all data?

Please let me know what plans I should buy with pricing info attached (plus exchange fees).

Thank you for you help.
[2024-04-09 18:38:45]
John - SC Support - Posts: 31240
What we need to know from you is whether you need Market Depth data or not?

And if you need Market Depth, so you also want the Market by Order data? The Market by Order (MBO) gives the individual breakdown of the Limit orders that make up the Market Depth. Refer to the following:
Market By Order Data

With regards to charting, do you need TPO (Market Profile), Numbers Bars (Footprints), or Drawn Volume by Price capabilities?
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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