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Date/Time: Sat, 27 Apr 2024 16:33:43 +0000



New Sierra Chart Futures Order Routing with Data Service (Available)

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[2019-02-26 06:35:40]
JanS - Posts: 46
Thank you for the info. I was wondering why AMP wasn't on the list. That explains it.
[2019-02-26 08:06:06]
Sierra Chart Engineering - Posts: 104368
If you are interested contact Stage 5 who clears through Dorman:
https://stage5trading.com/
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: 2019-02-26 08:06:28
[2019-02-26 09:14:20]
User753428 - Posts: 158
That's interesting b/c AMP now relies on G. H. Financials to clear (confirmed by AMP themselves) and G.H. Financials is one of the clearing firms on your list.

It's too bad b/c AMP is pretty much the cheapest and hence most popular broker for us small-time retail traders. Hopefully if we customers keep requesting it, AMP might change their mind sometime.
[2019-02-26 10:00:44]
nosast2 - Posts: 73
So stage5 will then also bill the routing fees?
[2019-02-26 22:52:20]
Sierra Chart Engineering - Posts: 104368
We thought AMP handles their own clearing at least for the CME.

We will be talking to AMP about supporting the service, tomorrow. We will see what they say.

So stage5 will then also bill the routing fees?
As we progress along, we will see if this can be arranged with 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
Date Time Of Last Edit: 2019-02-26 22:53:24
[2019-02-27 00:46:23]
User379468 - Posts: 508
We will be talking to AMP about supporting the service, tomorrow. We will see what they say.

There will likely be a strong demand for Amp to support this among Amp customers, hopefully they can.
[2019-02-27 03:21:18]
User19165 - Posts: 346
Today I have been exchanging emails with Phillip Capital regarding TT-FIX to HKEX.
They tell me:
"We have migrated to the new TT environment and unfortunately our HK affiliate has yet to enable a gateway for HKEX."

Our conversation continued and he advised me that he would notify me once it was available. In closing, he said the following, of which gave me some pause about this as I thought this was supposed to be super stable. I have no idea what a APAC is, just relaying information towards this hotly desired service.

"Ok - I just don't know when our hkex TT gateway will be available.
There has been a lot of stability issues w the new APAC gateways on TT, but I will let you know."
[2019-02-27 07:43:13]
binaryduke - Posts: 360
APAC = Asia Pacific
[2019-02-27 08:34:03]
Sierra Chart Engineering - Posts: 104368
AMP will be supporting the new TT solution. Direct billing through your AMP account will come at a later step. There are just some things we need to finish on our side to make this go smoothly.
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: 2019-02-27 08:34:39
[2019-02-27 23:19:40]
User19165 - Posts: 346
Contacted Rosenthall Collins with query about HKex and the TT-FIX routing.

I asked them - Will you continue to offer TT-FIX in the foreseeable future? This is of primary importance to me.


They replied - As of now we do not offer Hong Kong on TT - FIX but soon TT will make a change to offer TT-FIX on TT-WEB and then we will be able to offer that. I do not have a time line as this is a TT issue.


I don't really understand what their reply means, Sierra staff, is there enough information from them to understand if your service would work with RCG for HKex? I must admit I am baffled by this technology. TT say they are co-located at HKex but all these brokers don't seem to be using it or they are saying its got problems.
[2019-02-28 05:27:35]
Sierra Chart Engineering - Posts: 104368
We do not think really you should be mentioning TT FIX to any clearing firm. It will only confuse them. You just need to ask the question do they provide clearing for the Hong Kong futures exchange using TT. If the answer is yes, then this should be all you need to know.

If the clearing firm has a relationship with an exchange, and they have an account code with that exchange, and that account code is entered onto the TT system that should be all. We are not connecting to an RCG TT FIX server. We are connecting to TT's own servers who can route orders on behalf of any firm to any of the exchanges they support.

Now whether that connection is reliable or not we do not know. And another thing you should understand is that our servers are located in Chicago. Currently the Cermak Equinix data center. We are also going to locate another server in Aurora.

While we do plan to eventually put a server in Germany, we have nothing in the Asia-Pacific area. We do hope, as we grow the solution, that eventually this is going to come. So you need to consider the overall latency as it currently exists now.
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: 2019-02-28 05:28:40
[2019-02-28 21:26:16]
Sierra Chart Engineering - Posts: 104368
One thing that we want to mention, as we get underway with the service, we think we are going to have an easy migration plan where the symbols in the charts will automatically be changed to match. The symbol formats with this service are different.

And it might be a good idea that we recommend you make a copy of your existing Sierra Chart installation and start a new installation for this service and then everything you have been using previously remains intact and you can proceed with this new service separately.
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
[2019-03-04 18:58:17]
User450179 - Posts: 105
a question that no one really ever seems to ask is will any of our trade data and order flow be disseminated and or does Sierra collect fees for futures order flow beyond the 10 cent fee?
thank you.
aka pay for order flow

or does TT collect any fees or sell our order flow?
Date Time Of Last Edit: 2019-03-04 18:59:27
[2019-03-05 02:06:20]
Sierra Chart Engineering - Posts: 104368
We don't understand the question. How would the data be disseminated? For what purpose? And to who? The orders are routed through TT and to the exchange . It is concerning to us that you are also questioning our integrity and the integrity of TT here. Besides it doesn't even make any sense. The order has to go to the exchange and go there as rapidly as possible. We do not know of any other possibility of how to do this.

When we tell you the price, that is the price. $0.10 per contract per side. TT is not going to do anything related to your questions either, for all of the same reasons.
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: 2019-03-05 02:07:04
[2019-03-12 22:04:56]
Async - Posts: 24
What's the difference between the existing TT Fix trading service and this new order routing service?
TT Fix charges $0.05 per order/side, but SC charges $0.1. Why do we need this?
[2019-03-12 22:25:50]
Sierra Chart Engineering - Posts: 104368
TT FIX is not supported by us for direct end-user connections and as a practical matter cannot be used by end users without extensive and complex setup and understanding which we are not going to help with.

It has no position reporting or balance reporting. There is no order fill history. You will not have any of the benefits here like server-side OCO and bracket orders, and the upcoming web-based trading:
Sierra Chart / Trading Technologies Futures Order Routing Service: Introduction

And we also do not support the TT market data either. And you would not want to use TT market data anyway. And on top of that it is something like $250 a month.

And another point is why do people pay $0.25 per contract per side to Rithmic or with CTS up to $0.50?

In the case of Rithmic, we often hear about the data feed but our data feed is better other than limited to 50 levels of depth. And once we allow more levels of market depth, overall it will be better.
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: 2019-03-12 22:51:55
[2019-03-12 22:36:53]
Async - Posts: 24
I'm opening a new trading account with Gain Capital or AMP. Is there an option to select SC order routing service? Or have to subscribe TT order routing service first and then ask FCM share my account with SC? If in the latter way, do I still have to pay TT market data fee?

Just online chat to AMP and I was told they do not support SC's new TT order routing, but it's listed in your doc. Who is right?

When will your web platform be released?
Date Time Of Last Edit: 2019-03-12 22:38:03
[2019-03-12 22:56:33]
Sierra Chart Engineering - Posts: 104368
If you want to use this new Sierra Chart order routing using TT, you would need to use AMP instead of Gain Capital. They definitely do support it, but not everyone there is going to know that.

If you do open a trading account with them, then at that point just fill out this form and we will handle the rest for you:
https://www.sierrachart.com/UserControlPanel.php?page=SCOrderRoutingServiceTradingAccountAssignmentRequestForm

Not sure about the web-based trading because there are security enhancements we want to finish with first and also there is more work needed for it in regards to market data.
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
[2019-03-12 23:45:20]
Sierra Chart Engineering - Posts: 104368
do I still have to pay TT market data fee?
You do not have to pay 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
[2019-03-13 06:52:09]
nosast2 - Posts: 73
Are the routing fees also paid from the AMP account already or are you still in clarification with them?
Date Time Of Last Edit: 2019-03-13 06:52:19
[2019-03-13 07:11:23]
Sierra Chart Engineering - Posts: 104368
No not yet. That will come later on.
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
[2019-03-14 20:45:39]
Async - Posts: 24

And you would not want to use TT market data anyway. And on top of that it is something like $250 a month.

This seems not exactly correct. TT also supports CME non-professional bundle, and they don't charge additional $25 data fee based on number of symbols like SC.
[2019-03-14 23:52:52]
Sierra Chart Engineering - Posts: 104368
We were not exactly correct on the specific price but in general we are correct in regards to TT FIX market data pricing, which we are referring to. Refer to:

Per session solutions -- Pricing below is limited to (1) FIX session

Coalesced (100ms, 25 instruments) - $100 monthly
Coalesced (100ms, 250 instruments) - $300 monthly
Coalesced (100ms, 250+ instruments) - $1,000 monthly

Uncoalesced - monthly fees as above, plus TT Reserve and cross-connects or private connectivity required

Uncoalesced TT FIX Market Data with TT Reserve requires a minimum of a dedicated primary server per data centre at a fee of $2,000/ month. Failover to coalesced general population server pool is included at no additional charge.

So as you can see to actually match what you get with the Sierra Chart Exchange Data Feed, it is going to be 2000 USD a month! That is a basic fact in regards to TT FIX. And on top of that you would end up with inaccurate bid volume and ask volume.

And also we are going to have a new package price, which bundles market data from the CME and later other exchanges and there will not be any separate cost for the market data.
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: 2019-03-14 23:53:53
[2019-03-14 23:55:01]
Sierra Chart Engineering - Posts: 104368
We currently have 3 users on the service, and we can say that order latency to the TT FIX server is under 1 millisecond. We are going to be setting up a server in the Aurora data center co-located with the CME and we should be able to achieve latency to the CME of under 1 millisecond. But that still remains to be verified.
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: 2019-03-14 23:55:44
[2019-03-18 14:57:14]
User450179 - Posts: 105
We don't understand the question. How would the data be disseminated? For what purpose? And to who? The orders are routed through TT and to the exchange . It is concerning to us that you are also questioning our integrity and the integrity of TT here. Besides it doesn't even make any sense. The order has to go to the exchange and go there as rapidly as possible. We do not know of any other possibility of how to do this.

When we tell you the price, that is the price. $0.10 per contract per side. TT is not going to do anything related to your questions either, for all of the same reasons.

TT is required by the bylaws of the CFTC to let me know about the exact audit trail of my orders. just an fyi since it is their
pipe we are using to globex. they maintain the records for 5 years.

First and foremost you understood the question because you stated that you were concerned that I was questioning your integrity. I pay you monthly because you have a great product and GREAT INTEGRITY and you have always been above board. I love your product and whoever you are THANK YOU.
I have traded for over 20 years from prop firms to brokering and in business when it comes to my money and my business I will question anything that I want to know just as i am sure you do or would in the same circumstance. This is a new product you are offering and I had a question. I appreciate your answer and It would have been a great opportunity for you guys to say "of course not" we would never do that and if we did we would let you know ahead of time.
I appreciate that you guys have put this together for us and I am looking forward to getting on board with it.
Have a terrific day
[2019-03-19 00:00:24]
User269843 - Posts: 1
So is Rithmic finished as a byproduct of this new configuration?
It is a brilliant approach - but all of these firms that you sign up to get funded (TopStep, Earn 2 Trade, etc..) use Rithmic
I'm currently funded with E2T - should I make preparations to migrate to a different platform?
Please advise
Thnx

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