Login Page - Create Account

Support Board


Date/Time: Sat, 23 Nov 2024 12:33:29 +0000



Clarification Needed on CQG Integration for Trade Execution with Prop Firm

View Count: 151

[2024-08-23 00:44:07]
User482751 - Posts: 1
Hello,

I am preparing to use Sierra Chart for a prop trading challenge with TakeProfitTrader, a prop firm that utilizes CQG as one of the options for order routing and execution. Given the recent updates about Sierra Chart’s support for CQG, particularly the shift towards recommending the Denali Exchange Data Feed for market data from February 2024, I seek some clarifications.

I understand the recommendation to switch to Denali for market data due to concerns over CQG’s data quality, especially for CME and EUREX exchanges. However, I would like to confirm if CQG can still be used for order routing and trade execution within Sierra Chart in conjunction with Denali for market data. This setup is critical for my participation in the trading challenge through the prop firm.

Could you please provide confirmation on whether this dual setup (CQG for execution and Denali for data) is supported? Also, if there are specific configurations or settings that I need to apply to ensure this setup works seamlessly, guidance on this would be greatly appreciated.

Thank you for your assistance.

Best regards
[2024-08-23 10:10:29]
Sierra_Chart Engineering - Posts: 17145
This is not going to work. And we would not allow this either. You are not going to be able to get connectivity to CQG to that prop firm.

The connection is simply going to be denied. And we do have control over that and would not approve it.

The Denali Data Feed will work with any supported Trading service including CQG:
Real-Time Exchange Data Feeds Available From Sierra Chart: Integration with Trading Services

However, we are not approving any further connectivity to CQG among brokers/ prop firms.
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: 2024-08-23 10:11:06

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

Login

Login Page - Create Account