Is IQFeed really needed when having Rithmic? | Reviews of Brokers and Data Feeds


futures.io - futures trading strategies, market news, trading charts and platforms


Reviews of Brokers and Data Feeds


Review and discuss futures brokers, their requirements and features, or ask questions about brokers and data feeds




 

Is IQFeed really needed when having Rithmic?

  #1 (permalink)

Munich, Germany
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Dorman/Rithmic
Favorite Futures: NQ, CC, ZN, ZB, ZF
 
Posts: 19 since Mar 2010
Thanks: 3 given, 4 received

Is IQFeed really needed when having Rithmic?

Hello all,

Right now I am trading live with Rithmic (I came over from ZenFire) but I have IQFeed as a secondary feed. Now when I read the table on the Ninjatrader website: NinjaTrader Version 7 , and compare IQFeed with Rithmic, I wonder if there is any reason why I should keep IQFeed (other than a backup purpose). It seems that IQFeed would not give me an edge over Rithmic.
I even plan on changing over to Continuum, as my OCO groups would be supported server side. Considering that I pay around $200 for live data with IQFeed each month I wonder if this is really necessary.
If you see any error in this thoughts please let me know! :-)

Many greetings,
Oliver

Reply With Quote