Login Page - Create Account

Support Board


Date/Time: Mon, 24 Feb 2025 15:05:33 +0000



Translation of contract values from Sierra chart to LMAX

View Count: 494

[2021-03-17 19:16:25]
User418920 - Posts: 31
I have a live trading account with LMAX for CFD and forex trading. It is connected to my Sierra account.

The connection between LMAX and Sierra works and I get the LMAX datafeed.

Can anyone help me out with a couple of questions that I have for the CFD instruments:
1.  What is the euro value of 1 point of the GDAXlm (mini DAX), the WS30m (DOW mini), and the NDXm (Nasdaq mini)?
2.  When I sell 1 CFD contract through Sierra chart trading, how does that translate to the number of CFD contracts in LMAX? Does 1 contract in Sierra equal 1 contract in LMAX?
3.  What is the leverage and where can I see that in my account?

And similar questions for the forex instruments:
1.  What is the pip value in euros of 1 pip in EURUSD? Is that (appr.) euro 1,20? ( one euro and 20 cents). Same question for the euro pip value of the JPY pairs, so for example EURJPY, is that (appr) euro 1,30?
2.  When I buy 10.000 (ten thousand) of a forex pair through Sierra’s chart trading, how does that translate into LMAX? Is that 1-> 1?
3.  What is the leverage and where can I see that in my account?

KR.
[2021-03-18 00:34:31]
Sierra Chart Engineering - Posts: 104368
Most of these questions need to be directed to LMAX.

The ones about order quantities, are answered here:
LMAX Trading Service: Order Quantities
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

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account