Support Board
Date/Time: Mon, 10 Mar 2025 23:19:11 +0000
Market Data Storage
View Count: 1032
| [2022-04-13 14:27:22] |
| User759943 - Posts: 6 |
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Hello, I'm brand new to SC and the brokers I will be mentioning. I was initially going to use either AMP Futures or Optimus Futures as the broker. While I was signing up for AMP Futures, I briefly read through an agreement we need to sign. Schedule 6: Market Data Subscription Agreement Under this agreement it states "Subscriber shall maintain the records and books upon which it bases its reporting for three (3) years following the period to which the records relate. In the event that Subscriber fails to retain such records and books as required above, Subscriber agrees to pay CME the reasonable estimate of any discrepancy discovered pursuant to any such audit" I am very confused as to what this exactly means. Does it mean I need to store the data on my end (i.e on a USB) I also wanted to ask, would this apply to me, if I was using the SC data feed? Or would SC store the data (or even Optimus Futures?) AMP notified me that they would handle that part of the agreement (with them storing and providing data when necessary) Also I have read over a lot of support posts and read your instructional posts and am still a little confused. But lets assume I wanted to use the SC Denalli data, with Optimus Futures, is there another part i'm missing? So I would purchase the SC denalli package and make, and fund an account on Optimus Futures or AMP Futures (to receive the non-professional Fees). Then connect them together to begin? I have spend quite a few days trying to get the information I need on both parts of this text. Before I begin paying for subscriptions, I'd like to somewhat get things functioning first. |
| [2022-04-13 15:34:28] |
| John - SC Support - Posts: 38547 |
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Our Subscriber Agreements do not have language like what you posted. If you want to review our agreements, you can find the one for the CME Group here: https://www.sierrachart.com/UserControlPanel.php?page=ExchangeAgreements The first thing is to get setup with your broker. Most likely both AMP and Optimus would set you up to use CQG for your order routing. If this is the case, then you will go through the Setup Instructions at the following link to connect your Sierra Chart to CQG: CQG Trading Platform Service: Setup Instructions Then you will setup the Denali Exchange Data Feed by going through the instructions at the following link for the CME Group data: Denali Exchange Data Feed: *Setup Instructions: CME/CBOT/NYMEX/COMEX Exchanges* If you need data for EUREX, CFE or NASDAQ TotalView, then you would need to follow the Setup Instructions here: Denali Exchange Data Feed: *Setup Instructions: All Other Exchanges* For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-04-13 15:50:34] |
| User759943 - Posts: 6 |
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Thank you for the response, The Subscriber Agreement didn't come from from Sierra Charts, but their agreement closely mirrors it. For example in Section 5 of the Uniform Subscriber Agreement it states this: " Subscriber shall maintain the records and books upon which it bases its reporting for CBOT, CME, Market Data for three (3) years following the period to which the records relate. Subscriber shall maintain the records and books upon which it bases the reporting for NYMEX, COMEX Market Data for six (6) years following the period to which the records and books relate. In the event that Subscriber fails to retain such records and books as required above, Subscriber agrees to pay each Exchange's reasonable estimate of any discrepancy discovered pursuant to any such audit." I was just a bit confused as to exactly what this means. Do I store the data, or is that handled through SC? Thank you for the other information and help, I will probably be going through Optimus Futures, Ironbeam. |
| [2022-04-13 16:34:25] |
| John - SC Support - Posts: 38547 |
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Sorry, we did not see that initially. What it is referring is not the data itself, but just your status as it relates to the data. The first being that you are paying for the data feed, and the second being that you are a Professional or Non-Professional as it relates to the CME Group data.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-04-13 21:49:27] |
| User759943 - Posts: 6 |
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Ah okay, AMP Futures didn't make it seem like that though. They made it seem more as (as it is said in the quote), that its records and books will be handled by AMP Futures. So my question was if I have the data feed from SC, will you maintain the records and provide them when needed? Or have the information needed to provide to CME if they came asking for it? Date Time Of Last Edit: 2022-04-13 21:50:19
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| [2022-04-14 13:23:59] |
| John - SC Support - Posts: 38547 |
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Yes, we are the first line when it comes to the CME asking questions and if they decide to fine somebody, it is going to be us. But, it is possible that they could want information from you for proof of your status and when you had active data from us. We have not had a situation where the CME Group has had to go to the end-user to ask any questions up to this point, and we do not think they have ever done so, but the language is there to cover the possibility because that is what they require of us.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-04-14 14:33:50] |
| User759943 - Posts: 6 |
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I guess that makes sense, the wording of the statement confused me quite a bit. Being that I am the subscriber and it states that I need to maintain the records. Thanks again anyways |
| [2022-04-14 15:57:55] |
| User759943 - Posts: 6 |
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I do have a final question, but I didnt want to make a whole new thread for this. The Sierra Chart Teton Futures Order Routing, does it work with Optimus Trading, as I will be using an Ironbeam account through optimus, so I want to ask if it were still supported? |
| [2022-04-15 22:05:43] |
| Sierra_Chart Engineering - Posts: 18736 |
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Ironbeam does support Teton order routing. But we are not sure the Introducing Broker Optimus does. We think it is best to contact Ironbeam about this and let them know you want to use Teton order routing. 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, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-04-19 13:03:31] |
| User759943 - Posts: 6 |
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Will do, For anyone interested though, Optimus Futures has stated to me that the Teton Order routing is compatible with them through Ironbeam Thank you for the information |
| [2022-04-19 13:14:03] |
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Great.
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 |
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