Support Board
Date/Time: Thu, 06 Feb 2025 17:18:24 +0000
Post From: AMP, TT, sierra routing
| [2020-04-30 11:40:42] |
| User787249 - Posts: 18 |
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Hello, I'm aware of thread ID 48220( Question: AMP Transaction Fees, TT versus CQG.) about this subject but what is the situation now? is this statement still valid from Sierra chart point of view? " Why Do You Charge Per Contract For Order Routing? Sierra Chart maintains direct FIX connections to Trading Technologies where we are responsible for the per contract order routing fees. The cost for order routing is .10 USD per contract per side. This is deducted from your Sierra Chart account for each transaction. You will not be billed for order routing through your clearing firm since they are not billed from TT for orders routed through our own connection to TT. There is no cost for orders entered on your trading account by another means separate from Sierra Chart like through the TT Platform directly. Only orders which originate from Sierra Chart and are directed to the FIX connection Sierra Chart maintains with TT, are billed at .10 USD per contract. You would only be paying for commissions and the fees exchanges charge per contract, to your clearing firm. " or this suggestion? "We did not hear back from AMP management on this. We are not sure what more to say. We recommend contacting other brokers/firms and see what they are able to offer. Check with Stage 5 who uses Advantage for clearing. Also check with Dorman." |