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Date/Time: Fri, 29 Nov 2024 22:51:58 +0000



Trying to migrate to Teton - specifically IronBeam and why I will stay on AMP / CQG

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[2022-12-23 16:43:53]
Stage 5 Trading - Posts: 155
Excellent news! Fairly quick and hopefully painless.

Glad you are up and running and part of the team. We look forward to building a long-term partnership with you for many years to come.

Merry Christmas and welcome aboard!

Best,
Anthony
Stage 5 Trading

Trading derivatives carries a high degree of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results.
[2022-12-29 16:50:57]
User90125 - Posts: 715
So far, so good with Stage 5. After figuring out a minor margin issue, things have been progressing nicely, although one issue that remains is a problem using the QuoteBoard with Sierra Chart's flagship Teton CME Order Routing solution thru Stage 5.

Kind of unusable for me at the moment, as the Daily Range fields are still out-of-whack, so to speak, with the new service.

Does your team have any insight as to when Sierra Chart will be able to implement a fix? Hope it's soon, so I can start trading after January 2nd.

Perhaps you can follow-up directly with them, as it does seem to affect all Teton and S5 users.
imageQuoteboard_issue_Teton.png / V - Attached On 2022-12-29 16:50:25 UTC - Size: 142.86 KB - 130 views
[2022-12-29 16:57:36]
AlinGA - Posts: 14
To finish my story - got an account with Stage5 up and running ( thanks Anthony ) and very happy with Teton and Stage5 commissions.
[2022-12-29 17:04:59]
Stage 5 Trading - Posts: 155
Hi Team,

I am happy to hear you are enjoying your experiences with Stage 5. That is the whole reason we are here....to help! Reach out for any questions or feedback. No question is a bad question.

Regarding the QuoteBoard issue, I just spoke with Sierra and they recognized a minor issue with the previously applied fix that they are addressing now and should resolve this issue.

Have a great day and let us know if we can help with anything.

Best,
Anthony
Stage 5 Trading

Trading derivatives carries a high degree of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results.
[2022-12-29 17:12:03]
User90125 - Posts: 715
Awesome :)

Thanks again for the follow-up, as I'm looking forward to trading in the New Year once this is straightened out.
[2023-01-01 01:08:39]
User90125 - Posts: 715
Looks like the QuoteBoard issue with the Teton Order Routing service and Stage 5 has been fixed in v2461/64-bit (build 44513).

Happy New Year :)
[2023-01-01 02:51:02]
Sierra_Chart Engineering - Posts: 17266
This is not Stage 5 related. And yes it has been resolved.

It is not even Teton related. It has to do with when a price multiplier is used.

It would also affect Rithmic as well.
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
Date Time Of Last Edit: 2023-01-01 02:51:16
[2023-01-03 14:38:37]
Ironbeam - Posts: 9
As this thread has moved away from its original purpose I'd like to clarify Ironbeam's stance on commissions and fees.

The OP was quoted a commission rate by one of our broker-assisted account reps. Once the rep realized that this was a self directed account the fees were corrected. We apologize for the confusion and would like to make it clear that the rates mentioned at the top of this thread are not representative of what a self-directed trader on Sierra Charts would receive from us.

Ironbeam is one of the only CME Group Clearing firms that offers Teton as well as extremely competitive commissions. As an FCM, our rates can depend on trading volume however we offer rates as low as 10 cents per side on micros and 25 cents per side on regular futures (plus exchange/nfa). We will be considering standardizing our rates offered to Teton users to compete with discount firms that do not offer Teton. This will give Sierra users an opportunity to work directly with CME Clearing FCM as well as keep their costs the same or better than a CQG or Rithmic connection.

We wish everyone a happy new year.

Mike Murphy - Director of Trading
312-765-7228
mike.murphy@ironbeam.com

** RISK DISCLAIMER: There is a substantial risk of loss in trading commodity futures and options. Past performance is not necessarily indicative of future results. Only risk capital should be used. Losses from commodity investments may be greater than the initial investment(s). Commodity trading is not appropriate for all investors, and a commodity investment must be evaluated in light of the potential for risk of loss as well as the possibility of profit.
Date Time Of Last Edit: 2023-01-03 14:51:03
[2023-01-03 17:27:59]
User90125 - Posts: 715
Hi Mike, would you be able to share a list of your current margins in effect at Ironbeam for your self-directed Teton users with Sierra Chart?
[2023-01-03 20:53:14]
Ironbeam - Posts: 9
Sure thing, please see below.

Micro Contracts      
      

MES  Micro E-Mini S&P 500  80.85  
MYM  Micro E-Mini Dow  61.60  
MNQ  Micro E-Mini Nasdaq  115.50  
M2K  Micro Russell 2000  42.35  
      
CME Equity Contracts      
      

ES  E-Mini S&P 500 Futures  808.50  
YM  E-Mini Dow Futures  616.00  
NQ  E-Mini Nasdaq 100 Futures  1,155.00  
      
CME/NYMEX Energy Contracts      
      

CL  Crude Oil Futures  662.20
LO  Crude Oil Options  331.10  
QM  E-Mini Crude Oil  66.22  
HO  Heating Oil   1,039.50  
NG  Natural Gas   847.00  
QG  E-Mini Natural Gas  211.75  
RB  RBOB Gas  885.50  
      
CME/CBOT Interest Rate Contracts      
      
ZB  30YR Treasury Bond Futures  292.60  
UB  30YR Ultra Treasury Bond Fut.  500.50  
ZN  10YR Treasury Note Futures  138.60  
TN  10YR Ultra Treasury Note Fut.  211.75  
ZF  5YR Treasury Note Futures  107.80
ZT  2YR Treasury Note Futures  80.85  
      
CME/CBOT Agriculture Contracts      
      

ZC  Corn Futures   117.46  
ZS  Soybean Futures  234.85  
ZM  Soybean Meal Futures  177.10  
ZL  Soybean Oil Futures  165.55  
ZW  Wheat Futures  165.55  
KE  HRW Wheat Futures  188.65  
XC  Mini-Sized Corn Futures  23.52  
XW  Mini-Sized Wheat Futures  33.11  
XK  Mini-Sized Soybean Futures  46.97  
GF  Feeder Cattle Futures  190.61  
LE  Live Cattle Futures  107.80  
HE  Lean Hog Futures  146.30  
      
CME Currency Contracts      
      

6A  Australian Dollar  111.65  
6B  British Pound  165.55  
6C  Canadian Dollar   103.95  
6E  Euro Futures  169.40  
6J  Japanese Yen   192.50  
6L  Brazilian Real   84.70  
6M  Mexican Peso   100.10  
6N  New Zealand   107.80  
6R  Russian Ruble  161.70
6S  Swiss Franc  269.50  
E7  E-Mini Euro   84.70  
J7  E-Mini Japanese Yen   96.25  
M6A  E-Micro Australian Dollar   11.20  
M6B  E-Micro British Pound   15.05  
M6E  E-Micro Euro   15.40  
MCD  E-Micro Canadian Dollar   10.36  
MJY  E-Micro Japanese Yen   13.30  
MSF  E-Micro Swiss Franc   23.10
      
CME COMEX Metals Contracts      
      

GC   Gold Futures  462.00  
QO  Mini Gold Futures  231.00  
MGC  Micro Gold Futures  46.20  
HG  Copper Futures  385.00
SI  Silver Futures  731.50  
      
      
*Margins are subject to change at any time and without notice      
*Intraday margins are subject to change at any time, without any prior notice.
[2023-01-03 21:23:52]
User90125 - Posts: 715
Could you also share your day and exchange margins for the following:

RTY - E-mini Russell
MCL - Micro Crude Oil
MHG - Micro Copper
SIL - Micro Silver

Thanks.
[2023-01-04 20:21:41]
Ironbeam - Posts: 9
See below!

RTY: 6380 / 446.60
MCL: 770 / 53.90
MHG: 633 / 44.31
SIL: 1870 / 130.90

** RISK DISCLAIMER: There is a substantial risk of loss in trading commodity futures and options. Past performance is not necessarily indicative of future results. Only risk capital should be used. Losses from commodity investments may be greater than the initial investment(s). Commodity trading is not appropriate for all investors, and a commodity investment must be evaluated in light of the potential for risk of loss as well as the possibility of profit.

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