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Date/Time: Sun, 24 Nov 2024 03:58:18 +0000



Data purchases while using IBKR

View Count: 241

[2024-07-08 16:47:07]
trader913 - Posts: 6
So long story short I've been having issues with my current clearing firm and wish to use IBKR as my main firm to connect to Sierra. The question that I have is in regards to the data feed's I'm currently subscribed to here on Sierra. If I use IBKR do I have to purchase anything on their end or if I am paying for the level 2 depth and real time Teton data through Sierra should I be good to execute and have it reflected over at IBKR or is there an extra twist that I'm un-aware of?

Meaning will the data be incompatible in anyway?
[2024-07-08 18:16:53]
John - SC Support - Posts: 36238
If you are not doing any trading from the Interactive Brokers software, and just using Sierra Chart, then if you are using our Denali Exchange Data Feed for your data, then you do not need any data from Interactive Brokers.

Note that the exchanges that you had active in June did not automatically renew on July 1, 2024 due to insufficient funds at that time. You can re-activate the exchanges at the following link:
https://www.sierrachart.com/UserControlPanel.php?page=RecurringServices#RecentlyDeactivatedRecurringServices
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-07-08 18:24:34]
trader913 - Posts: 6
Alrighty so I can trade on Sierra, be connected to my account on IBKR while using he level 2/Teton data and the trades will be reflected on my IBKR accounts end.
[2024-07-08 18:34:02]
John - SC Support - Posts: 36238
Yes.

Just for clarity - you will be connected to our Denali Exchange Data Feed for your data and executing with Interactive Brokers.

Teton is our Order Routing service and it is not used by Interactive Brokers.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-07-08 18:38:31]
trader913 - Posts: 6
Yeah so the process I'm looking to do is this.

Using Sierra's Teton and level 2 data, execute on Sierra while connected to my Interactive Brokers account for the funding.

So I guess basically executing on Sierra and using my IBKR for funds.
[2024-07-08 20:11:24]
John - SC Support - Posts: 36238
Yes, this is fine.

Again, just for clarification, you are not using Teton, you will be using our Denali Exchange Data Feed.

If you have not already set it up follow the instructions at the following link to connect your Sierra Chart to Interactive Brokers.:
Interactive Brokers Trading Service: Setup Instructions

And follow the instructions at the following link to setup the CME Group data from our Denali Exchange Data Feed:
Denali Exchange Data Feed: *Setup Instructions: CME/CBOT/NYMEX/COMEX Exchanges*
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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