Support Board
Date/Time: Wed, 27 Nov 2024 00:21:56 +0000
Clearing Teton
View Count: 297
| [2023-10-12 21:00:56] |
| User499894 - Posts: 45 |
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Hi, I switched order routing from CQG to Teton; while with CQG I used to trade only in sim mode so I never had to pay a commission. Now in real mode with Teton my broker (AMP) details commissions as: "Exchange + NFA + Commission + CLEARING TETON". As far as I remember Teton should not charge anything, but maybe I am confusing "Order routing" with "Clearing"... Please tell me if it is OK or if I am paying for something I should not. Thanks |
| [2023-10-12 21:37:38] |
| John - SC Support - Posts: 36309 |
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You are paying what you are supposed to be paying. AMP uses the term "Clearing (Teton)" for their own internal purposes. It is NOT a charge from us. It is a normal "Clearing" charge that they do, and they use the term "Teton" in the name for their own internal purposes. Again, this is not a charge from us - it is strictly an AMP internal mechanism. We have asked them to change it, but they have not. 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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