Support Board
Date/Time: Mon, 17 Mar 2025 17:39:08 +0000
Post From: EUREX CONNECTIVTY
| [2022-09-06 17:43:37] |
| John - SC Support - Posts: 38711 |
|
I want to open a SIERRA CHART TETON FUTURES ORDER ROUTING service pack 11 or 12 account. I want to choose IRONBEAM as my clearing firm.
So what do I do first, do I open an account with SIERRA first and then open an account with IRONBEAM as my clearing firm or open an IRONBEAM account first then open an account with SIERRA? What is the order? It really does not matter the order. It would probably be a bit easier to have the trading account setup first, that way you install and setup your Sierra Chart the one time. Can I trade any INDICES(FDAX /DAX) and INTEREST RATES(FGBL/BUND/BOBL/SCHAZT) from the EUREX market using IRONBEAM or is there anyway other way to do this, whilst I use SIERRA as my platform of choice and execution? Am I going to need a second broker for trading the EUREX market and if so, can I connect both brokers to SIERRA and will this have extra charges? Because it does not look like IRONBEAM offers any products from the EUREX exchange or is there something am not understanding, can I trade the BUND/DAX using IRONBEAM if not what you recommend I do?
Our Teton Order Routing service does not support trading EUREX. It only works with trading the CME Group. We do not know if IronBeam offers EUREX trading or not, you would need to check with them on this. If you are not going to trade the CME Group, then you would not use the Teton Order Routing Service, rather you would get setup with either CQG or Rithmic (depending on your broker/clearing firm). You can still use Sierra Chart to trade EUREX, but as noted, you would need to have a broker that supports CQG or Rithmic to do this. If you want to trade both EUREX and CME Group, then you would keep your IronBeam setup for the Teton Order Routing for the CME Group, and then either setup another account with IronBeam (if they support EUREX trading) or with another broker that supports EUREX trading and uses CQG or Rithmic for the order routing. In this last case, you would want to have 2 installations of Sierra Chart, one that connects to the Teton Order Routing for trading the CME Group and the other to connect to CQG/Rithmic to trade EUREX. There are no extra charges for having 2 Sierra Chart instances on the same computer and getting data from our Denali Exchange Data feed. Refer to the instructions to install another Sierra Chart at the following link: Using Multiple Data and Trading Services at the Same Time: Step-By-Step Instructions to Install Multiple Copies of Sierra Chart Am thinking I should trade the CME group products using the SIERRA CHART TETON ORDER ROUTING service, choosing IRONBEAM as my clearing firm.
As for trading the EUREX products, am not sure what to do, because I want all to be through SIERRA, would you please recommend me a broker and a data service or a routing service since SIERRA CHART TETON ORDER ROUTING does not support EUREX. See the above information For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |