Support Board
Date/Time: Wed, 05 Feb 2025 21:40:26 +0000
Practical Differences between CME with Market Depth and Without
View Count: 917
| [2020-03-30 08:50:26] |
| Mattthespaniard - Posts: 41 |
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Due to the OUTRAGEOUS doubling of data fees by the CME Group, I'm considering whether I really need market depth or actually can do without it. In order to make up my mind I would welcome some clarification regarding two points: 1. Can I still trade using the DOM ladder without market depth ? Will I only see the inner spread or how does it work ? 2. Will NUMBER BARS charts still be updated in real time ? Any other points I need to be aware of ? Thanks |
| [2020-03-30 13:27:24] |
| User753624 - Posts: 23 |
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While I do agree that it is frustrating, paying the extra $15 a month is covered by getting an extra 2 ticks on the ES in a month. If you use market depth to inform your trading that may be worth it. As far as I know, the DOM would still be usable for order entry, it just wouldn't show anything other than the inside bid/offer and the price. I don't record market depth during the trading day so if I ever look at replay that's how the DOM looks. The number bars don't require market depth, according to SC's documentation. It's basically an organized way of looking at time and sales and only uses actual transactions to be plotted. |
| [2020-03-30 16:32:53] |
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1. Can I still trade using the DOM ladder without market depth ? Will I only see the inner spread or how does it work ? Yes. Yes.2. Will NUMBER BARS charts still be updated in real time ? Yes.
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 |
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