Support Board
Date/Time: Sun, 24 Nov 2024 15:07:37 +0000
[Locked] - Notice: New Futures Real-Time Data Feed
View Count: 21522
[2013-10-24 22:06:29] |
Sierra Chart Engineering - Posts: 104368 |
We would like to get an understanding of EUREX and ICE exchange fees charged by brokers. It is our understanding that these fees need to be paid by customers. We see that Interactive Brokers does charge the corresponding fees to their users. The ICE exchange fee is the most significant at 85 per month. If you receive ICE US data from a broker, do you pay an exchange fee? We would like some feedback from our users. 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: 2013-10-24 22:06:52
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[2013-10-24 22:52:00] |
Sierra Chart Engineering - Posts: 104368 |
Thank you for the post. It has been hidden to protect the brokers. Because we do not know whether they are in compliance or not and we are not here to cause problems for anyone. We are just trying to get an understanding of what is going on in regards to exchange fees. If they do not want to charge them, that is fine. We are happy about that whether they are in compliance or not. Although we will have to charge them because we cannot take chances with noncompliance. 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: 2013-10-24 22:52:50
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[2013-10-24 22:56:55] |
M5amhan - Posts: 468 |
it may just be waived because of the broker business they send to the exchanges, data is a necessity to send orders to them
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[2013-10-24 23:04:42] |
Sierra Chart Engineering - Posts: 104368 |
This may be true with ICE, but we heard from the EUREX that exchange fees are apparently required even for the brokers to pass on to the customers. The interesting thing is, when you look at this page from Interactive brokers, they list an $85 a month exchange fee for ICE for market data: https://www.interactivebrokers.com/en/index.php?f=marketData&p=mdata And they are broker. For the record, in regards to EUREX, we have not heard from anyone about EUREX exchange fees from brokers yet, but if we remember correctly, even though there may be officially be exchange fees that brokers are supposed to charge, if we remember correctly, we are told that the EUREX does not enforce this. 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: 2013-10-24 23:37:09
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[2013-10-25 06:42:27] |
AKR - Posts: 523 |
I do not pay any fees to my (german) broker for EUREX data. In my case this is due to a special offer I took when opening the account. But when exceeding a certain amount of payed commissions per month this is true for anybody. and this is publicly stated on their hompage and despite for this it is a very serious broker that would never offer this if not supported by EUREX. cheers |
[2013-10-25 11:21:55] |
Trint - Posts: 115 |
When I was with Metastock I seemed to get the ICE US Dollar Index without paying the ICE exchange fee but then they did charge a very considerable amount a month for a european package subscription and they could've always calculated the weighted USDX formula separately using a basket of currencies - somehow I doubt as I'm sure I had access to other ICE instruments but without the fee. Eventually they provided all worldwide exchanges with delayed data to those that updated to Metastock 12 (their partner was Reuters afterall) but I'm not sure if this was an introductory period - they did like their trials for users. When I signed up to FTSE exchanges (for realtime data) I had to sign a declaration that I was a financial non-professional. Exchange fees do seem to fluctuate depending on which data provider you go too but if you got the CME feed with Globex and E-Minis for that $35 price then that is a very good deal as it's even cheaper than what a lot of brokers charge, just for E-Minis. The pricing of $85 for ICE is unfortunately about right as that cost is also listed on Metastock (Esignal $90) and there seem to be price differences between the brokers/data providers for other exchanges. Date Time Of Last Edit: 2013-10-25 11:24:55
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[2013-10-25 15:05:47] |
DF52 - Posts: 19 |
I trade with a US FCM that has had a relationship with Sierra for some time. I trade on Eurex. This broker does not pass on Eurex exchange/data fees to their customers.
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[2013-10-25 20:54:50] |
Cavalry3162 - Posts: 523 |
do you have any plans providing market statistics like tick or advances / declines...? that would be the reason for me to subscribe for it. thanks, andreas Date Time Of Last Edit: 2013-10-25 20:55:01
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[2013-10-25 21:40:16] |
Sierra Chart Engineering - Posts: 104368 |
If you are not already aware, these market statistics are already provided. Refer to help topic 66 here: Http://www.sierrachart.com/index.php?l=doc/helpdetails66.html We do plan to offer more market statistics and cash indexes. 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: 2013-10-25 21:40:37
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[2013-10-26 07:45:57] |
Cavalry3162 - Posts: 523 |
oh, i wasnt aware of that. thanks for the hint! thats awesome.
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[2013-10-26 08:38:12] |
User72822 - Posts: 16 |
Thanks but it's not all clear to me. I want real good tick data for my account at Interactive Brokers because I am using Range Bars. They are using a so called 1/2 seconds snap shot data. I don't like it at all :-( I am trading on ES, NQ, YM and CL. Are these markets already provided? As I understood I have to pay you $ 27,50 + extra $ 35 for these Real Data Stream, right? I am also trading on EUREX, especially on FDAX, FGBL and FESX. What about these markets? When are these provided and do I have to pay you another $ 35 extra for EUREX? Thanks! Ruud |
[2013-10-26 12:08:22] |
U_winks - Posts: 190 |
Hi Ruud, please read post #20: "We will not be offering the EUREX in the initial release."
Date Time Of Last Edit: 2013-10-26 12:15:04
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[2013-10-26 17:31:13] |
User35525 - Posts: 181 |
Since CTS considers the CTS T4 FIX connection beta still, will we be able to use the new Sierra Chart CME FIX feed to place live trades with the non-FIX CTS T4 connection? Date Time Of Last Edit: 2013-10-26 17:32:48
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[2013-10-26 20:37:56] |
Sierra Chart Engineering - Posts: 104368 |
I am trading on ES, NQ, YM and CL. Are these markets already provided? As I understood I have to pay you $ 27 Per month for the package + $ 35 for these Real Data Stream, right? Yes they are provided. The price will be 27 USD a month for package 3 + 35 USD a month.I am also trading on EUREX, especially on FDAX, FGBL and FESX. What about these markets? When are these provided and do I have to pay you another $ 35 extra for EUREX?
EUREX is coming. Not completely certain of the timeframe but we will try our best to get it out before the end of the year. The price will be the data feed cost which will be 35 (There is only one data feed cost per user no matter how many exchanges you select). There will also be a EUREX exchange fee of 15 USD/Month. 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: 2013-10-27 06:18:03
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[2013-10-26 20:40:39] |
Sierra Chart Engineering - Posts: 104368 |
Since CTS considers the CTS T4 FIX connection beta still, will we be able to use the new Sierra Chart CME FIX feed to place live trades with the non-FIX CTS T4 connection? In general, the answer is no. But the main issues with the new CTS FIX connection seems to be centering around market data. So you should be fine using the FIX connection with this CME data feed. If there any trading problems, let us know what they are and we will also get your FIX logs and send them over the CTS and we would expect they would promptly take care of them.
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 |
[2013-10-27 04:19:43] |
User72822 - Posts: 16 |
EUREX is coming. Not completely certain of the timeframe but we will try our best to get it out before the end of the year. The price will be what you pay for a Sierra Chart package + the data feed cost which will be 35 but there is only one data feed cost per user. There will also be a EUREX exchange fee of about €15. With all respect, that's too expensive for me. $ 27 + $ 35 (US) + € 35 (EUREX)+ again $ 27 for SC package (?) + € 15 = € 139/$139 per month!At the moment I pay IB for Datafeed only € 8 for EUREX. US futures (Depth 10, ask/bid) is free when you make a commission of € 30 per month. Otherwise it cost you extra $ 10. That's all. So, I pay now only € 8 per month (depth 1) or € 12 per month for depth 5 EUREX. Of course your feed is (much) better but the difference is too much. |
[2013-10-27 06:16:35] |
Sierra Chart Engineering - Posts: 104368 |
No. You misinterpreted what we meant. This will be the price for Sierra Chart and the data feed: Sierra Chart package price (One time per user) + 35 USD(one time per user) + EUREX exchange fees(One time per user). We have confirmed that the exchange fee is going to be 15 USD. So in the case of package 3, the most you would pay would be: 77 USD per month. And a little less if you pay for multiple months. 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: 2013-10-27 06:18:51
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[2013-10-27 07:57:16] |
User72822 - Posts: 16 |
No. You misinterpreted what we meant. Sorry..... because of the language, English is not my own language.....So in the case of package 3, the most you would pay would be: 77 USD per month. And a little less if you pay for multiple months. OK, interesting. It's almost clear to me now but I appreciate if you will answer my next, I hope last ;-) , questions.At this moment I have feed directly from IB for EUREX and most US futures for € 8 or € 12 per month. As you know, feed from IB is not real good because of their 1/2 seconds snap shot data and not real tick data. But, when I want feed directly from SC I am afraid that this is conflicting with my feed from IB. So, when I take your Data Feed I have to unsubscribe my Market Feed for Eurex and US Markets? This is all possible? And how about orders? I mean this is all working for live account and papertrading as well? All orders will be accepted with your data feed. Ans how about the OCO / STP feature on server IB? I want to pay $ 77 per month but it's very important that I can rely on everything is working well, also OCO feature when I place my orders on SierraChart DOM or directly on the chart, Thanks, Ruud |
[2013-10-28 05:40:44] |
Sierra Chart Engineering - Posts: 104368 |
We are going to be updating our documentation to clarify all of this. The Sierra Chart data feed will be fed directly into your charts and Trade DOM windows you are using with Interactive Brokers. The Interactive Brokers data feed will be bypassed for the symbols supported by the Sierra Chart data feed. For symbols which are not supported by the Sierra Chart data feed, they will continue to receive data from Interactive Brokers. You can unsubscribe from any market data feeds you want from Interactive Brokers if the Sierra Chart data feed has replaced them. Which will be the CME and then later EUREX. Although, there is no requirement to unsubscribe from the data feed. We also provide a new option in Sierra Chart to switch between your trading service data feed or the Sierra Chart data feed. There will be no effect upon orders at all. All of that will continue to work just fine. 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: 2013-10-28 05:43:01
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[2013-10-28 05:44:57] |
Sierra Chart Engineering - Posts: 104368 |
We would like to provide an update about the CME market data feed. On Friday, our servers were provisioned with the actual CME FIX multicast feed. This week we are going to be working on configuration and final testing of everything. If everything is working as expected, then we need to get approval for the service. Once the approval is done, we can then release it to the 6 users who have offered to test it. After 2 to 3 days of testing, if everything is fine, we will open it up to everyone else. 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 |
[2013-10-28 06:55:05] |
User72822 - Posts: 16 |
Thanks for clarifying. Keep me informed about EUREX data feed, I appreciate!
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[2013-10-28 12:12:04] |
AKR - Posts: 523 |
will you also be calculating own $Tick and A/D lines for Eurex? cheers |
[2013-10-28 12:16:14] |
AKR - Posts: 523 |
well, I mean the $Tick, AD for the german market to have for FDAX. or for the 50 EuroStoxx shares? |
[2013-10-28 17:19:03] |
Sierra Chart Engineering - Posts: 104368 |
We will have to find out about a TICK index for EUREX.
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 |
[2013-10-28 18:33:01] |
AKR - Posts: 523 |
well, in case you will also offer european stock - which I really hope and would make it THE (even more) perfect feed - it shouldn´t be aproblem, should it. cheers |
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