Support Board
Date/Time: Sat, 18 Jan 2025 19:32:56 +0000
Advanced and Lower-Cost Connection Model
View Count: 1187
| [2018-02-23 13:26:18] |
| dexfort - Posts: 3 |
|
Hi, May I know how is this lower cost - "Significantly lower per contract trade cost. .10 USD per contract." ? At the moment, if I send a trade for NQ (Live account - Futures contract) through Wedbush, there are 2 types of cost that I need to pay - one to T4 and one to Wedbush? How does this lower cost connection model works? Regards, Alan |
| [2018-02-23 14:57:15] |
| patrader - Posts: 92 |
|
Instead of paying $1.00 round-trip ($0.50 per side) to CTS (T4) you pay $0.20 round-trip ($0.10 per side) to CTS. The Wedbush clearing fee is likely the same either way. Other costs are to pay for SierraChart's datafeed instead of using the CTS feed. And a monthly CTS fee of $10.00 which may be the same under either model. There are some technical differences between the two connections. The lower cost connection using Sierra's servers to ensure accurate functionality of bracket orders.
|
| [2018-02-23 17:55:26] |
| |
|
We hope the answer given at post #2 is helpful. Really it is hard for us to answer questions like this because we do not really know the fees from Wedbush themselves. 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 |
| [2018-02-23 17:55:28] |
| |
|
We hope the answer given at post #2 is helpful. Really it is hard for us to answer questions like this because we do not really know the fees from Wedbush themselves. All of the information we have available is here: http://www.sierrachart.com/index.php?page=doc/CTS_T4.php#SetupInstructionsForAdvancedLowCostConnectionModel 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: 2018-02-23 18:10:03
|
To post a message in this thread, you need to log in with your Sierra Chart account: