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Date/Time: Tue, 26 Nov 2024 13:47:29 +0000



Performance of order routing

View Count: 319

[2023-11-23 11:55:59]
User631384 - Posts: 2
Hello,
I live in Europe and have an account with Interactive Brokers. Unfortunately they decided to implement the regulatory MIFID II rules in a way that hinders my trading. Every time I enter an order in TWS using hotkeys, a mandatory popup is displayed with a link to a “Cost Impact” document. This has to be clicked away. According to their support this is by design now. Which brings me to my questions.

1 - If I would use Sierra Chart, the Denali data feed & Teton order routing with one of the mentioned clearing firms / brokers (e.g. Advantage Futures, AMP, ...) will I be bothered with any popups that delay the order execution?

2 - Does the choice of a clearing firm / broker in any way affect the performance of order processing though Teton? If it does which one is the fastest?

Thanks, Gerrit
[2023-11-23 23:17:20]
Sierra_Chart Engineering - Posts: 17179
1. For EUREX trading you will need to use CQG. And there will be no pop-ups when trading from Sierra Chart. You cannot use Teton order routing for EUREX trading. Sierra Chart does not support EUREX trading through Teton order routing.

CQG documentation:
CQG Trading Platform Service

2. In the case of Teton order routing or even in the case of CQG there is no performance difference based upon clearing firm.
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

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