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Date/Time: Fri, 27 Dec 2024 00:26:43 +0000



Notice: ICE Historical Data

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[2016-03-29 20:37:04]
Sierra Chart Engineering - Posts: 104368
Effective April 1, 2016 the ICE exchange will begin to charge exchange fees to receive real-time market data.

For many of the supported trading services, historical data is provided by Sierra Chart services.

This includes:
TransAct
Gain Capital/OEC
Trading Technologies
Rithmic
CQG
Easy Screen

For all of these services, unless you have paid the ICE exchange fee and are entitled to real-time data, the historical data will become delayed effective the week beginning with April 3, 2016.

If you are entitled to real-time data, you will need to update Sierra Chart to the current version, yet to be released, to continue to receive historical data which will be up-to-date to the current time.

We will update this thread with more information as it becomes available.
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: 2016-03-29 20:37:58
[2016-04-02 03:50:02]
Sierra Chart Engineering - Posts: 104368
To receive historical data for ICE US/Europe exchange futures which is current to the real-time, if your trading account is authorized for the ICE exchange, it is necessary to be running Sierra Chart 1392 or higher.

To update follow these instructions here:

https://www.sierrachart.com/index.php?page=doc/download.php#FastUpdate
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
[2016-04-04 07:13:27]
Sierra Chart Engineering - Posts: 104368
Just to be clear, Sierra Chart maintains a position that the policy of Exchanges charging vendor fees and exchange fees to individual users, is detrimental to the industry and to their business.

This is also talked about here:
http://www.fow.com/3542086/ICE-market-data-fee-regime-kicks-in-on-Friday.html

We could write about this at length. We see time and time again about how this interferes with reliable market data delivery and has all kinds of side effects which are not even apparent to many of our users.

Exchanges certainly have a right to earn money, but they should do so only on direct connectivity fees, and on trading fees.

Vendor fees and exchange fees to end-users need to be completely abolished.

Or at least vendor fees should be quite minimal and be affordable to most businesses . Therefore they should not exceed 500-1000 USD per month per exchange. And for the CME that would be 250 per sub exchange for a total of 1000.

It is you the trader, and the public in general which is setting prices . For exchanges to call that proprietary information and charge these outlandish fees which have nothing to do with physical data delivery costs is an extremely unfair and absurd practice.

They also have complete monopolies over what they do. In essence, they are charging you for the data that you are producing. Even though they have no cost of the data delivery to the end-users. That cost is paid by us, the brokers and other data vendors.

Furthermore you may say that the 3 USD per month for CME data, is small. That does not tell the whole story. There are still very high vendor fees in the thousands of USD per month which have to be paid, and if you do not have a funded trading account, then the cost is nearly 400 USD a month per terminal. This whole thing is completely ridiculous and we waste so much time to enforce these rules.

Unless more and more people are outspoken about this, nothing will change. So we are not going to hide and be quiet about 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: 2016-04-04 07:57:00
[2016-04-04 07:33:32]
Sierra Chart Engineering - Posts: 104368
Some lawyers should get together and bring a class-action suit against these major exchanges challenging them about whether they actually own the data they are selling.
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: 2016-04-04 07:34:05
[2016-04-04 07:58:25]
Sierra Chart Engineering - Posts: 104368
One of our clients would like us to provide real-time data from the Hong Kong futures exchange.

So we contacted the Hong Kong exchange, and had a look at their publicly posted information about the application process and the requirements.

The vendor fees, are not inexpensive but would be affordable in this particular case due to the number of users.

However, they have a requirement that the paid-up share capital needs to be 1,000,000 USD.

What for? We do not have that kind of share capital in this business.

This is the kind of nonsense that exists in this industry.

Or take the Brazilian BMF exchange.

They charge higher a exchange fee if you are a non-Brazilian resident. We have never heard of any exchange in the world doing that.

So now they put this burden on all of the data providers to enforce this ridiculous policy.
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: 2016-04-04 08:00:06
[2016-04-04 22:10:06]
Sierra Chart Engineering - Posts: 104368
There is a very measurable amount of time that we spend related to the consequences of all of these controls over market data.

The vast majority of time that we spent today was related to the control of data by exchanges.

This takes time away from our development of Sierra Chart.

This is one reason why we insist a lot of these questions related to market data are posted on the Support Board because hopefully the questions being in a public forum will be helpful to other users. We simply will not take them by email.
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: 2016-04-04 22:11:30
[2016-04-07 17:35:54]
Sawtooth - Posts: 4143
FYI, my broker has informed me that TransAct is unable to approve delayed historical data from ICE for those customers that are not entitled to receive their real time data.

Has anyone else experienced this?
Do any other data providers in the list not have this policy?
[2016-04-07 18:06:03]
Sierra Chart Engineering - Posts: 104368
What you need to do is install another copy of Sierra Chart and set it to use the Sierra Chart Historical Data Service (SC Data-All Services). Here are instructions:
https://www.sierrachart.com/index.php?page=doc/SierraChartHistoricalData.php#UsingSCHDS

You can then access historical data for any market that you want and is available.
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: 2016-04-07 19:22:37

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