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


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Is IQFeed really needed when having Rithmic?

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mattz View Post
Rithmic is first and foremost a complete data-feed.

Data-feed comes from the exchange's TickerPlant.
Part of Rithmic's technology is based upon taking all the data that the exchanges (CME, ICE, etc) distrbibute via the TickerPlanet and delivering it to your platform in a concise unfiltered manner that fuels the input for your charts, quotas, Market Profile, etc.

Each data-feed also contains OrderPlant which is a set of program that provide you with the ability to route orders to execute on the exchanges. It includes, authentication of users, authorization, order management modules, exchange submission, and execution reports.

Rithmic does provide three months only, so IQ Feed would be a great complement to those who need longer history for the purpose of trading a given methodology. The breath indicators are a plus to those who utilize such tools.

Matt

There is a risk of loss in futures trading. Past performance is not indicative of future results.

Glad to see they are evolving. They used to provide no historical data at all, which is why NinjaTrader did it for them. Then after a few years, they started providing 3-days of historical to MultiCharts. I don't remember any announcement about when they moved to 3-months of data. Still, 3 months is basically worthless in my opinion, but better than 3 days for sure.

Mike

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