NexusFi: Find Your Edge


Home Menu

 





zenfire/kinetick/rithmic/iqfeed


Discussion in Brokers

Updated
      Top Posters
    1. looks_one dmau with 3 posts (1 thanks)
    2. looks_two Daytrader999 with 2 posts (0 thanks)
    3. looks_3 trendisyourfriend with 1 posts (0 thanks)
    4. looks_4 futuretrader with 1 posts (3 thanks)
    1. trending_up 11,544 views
    2. thumb_up 5 thanks given
    3. group 6 followers
    1. forum 12 posts
    2. attach_file 0 attachments




 
Search this Thread

zenfire/kinetick/rithmic/iqfeed

  #1 (permalink)
 dmau 
Melbourne + Victoria/Australia
 
Experience: Intermediate
Platform: nt
Trading: NQ
Posts: 19 since May 2012
Thanks Given: 0
Thanks Received: 3

Hi,

I have been considering starting to trade with Mirus(futures) using Ninja trader and Zenfire

Have read some concerns on the forum about all of the above mentioned data providers. So really not sure which way to go.

Some specific questions

1. Zenfires website says "unfiltered tick data" on their website however I have read in alot places that zenfire is filtered?
- If zenfire is filtered- why go with zenfire(apart from saving a few dollars a month)?
2. Struggling to get a real concensus on which is the more realiable feed? From what I can see iqfeed is most highly regarded..
3. I am worried about connection drop outs during periods of heavy volatility. Is it possible to seemlessly use 2 providers to mitigate this risk? Ie if zenfire goes out switch to iqfeed etc?

I have read about members using 2 feeds- 1 for chart data and one for executions with the broker. For example getting data from Iqfeed but placing orders with zenfire so its registered with the broker like mirus. However this to me would not solve the problem as if zenfire drops out during a busy period , I might get the data from iqfeed on my chart but then my order would not get through with Mirus?

4. I have read that zenfire is a rithmic feed repackaged. By nature if data has two pass from Rithmic servers to Zenfire surely this could only worsen matters like latency/realibility etc - therefore connecting directly to Rithmic would be superior

5. Should I expect significant difference between live trading (ninja trader / zenfire) and paper trading the same - with respect to fills and slippage in particular?


Appreciate everyone help


Thanks

Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Better Renko Gaps
The Elite Circle
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Deepmoney LLM
Elite Quantitative GenAI/LLM
Futures True Range Report
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
The Program
18 thanks
GFIs1 1 DAX trade per day journal
18 thanks
  #2 (permalink)
 
Daytrader999's Avatar
 Daytrader999 
Ilsede, Germany
Site Moderator
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
Trading: NQ
Posts: 1,525 since Sep 2011
Thanks Given: 2,067
Thanks Received: 2,316

Good questions, since I' ve got the same situation here and experiencing exactly the same issues, I also would be highly interested in getting an educated guess on these items !

Reply With Quote
  #3 (permalink)
 Assaya 
Düsseldorf NRW
 
Experience: Beginner
Platform: NinjaTrader, IB TWS
Broker: IB/IB
Trading: ES, NQ
Posts: 47 since Jul 2012
Thanks Given: 47
Thanks Received: 18


Just an experience I had last week with a the trial of zenfire together with my IB datafeed.

Zenfire was the primary datafeed, IB the secondary (and order routing).

zenfire got delayed a couple of seconds and so the charts got delayed too. In the end the difference between the quotes I saw on the chart and my fill (market order) was about 2 ES points. At this point I realised that zenfire was a bit slow.

Reply With Quote
  #4 (permalink)
 
liquidcci's Avatar
 liquidcci 
Austin, TX
 
Experience: Master
Platform: ninjatrader, r-trader
Trading: NQ, CL
Posts: 866 since Jun 2011
Thanks Given: 610
Thanks Received: 1,091


dmau View Post
4. I have read that zenfire is a rithmic feed repackaged. By nature if data has two pass from Rithmic servers to Zenfire surely this could only worsen matters like latency/realibility etc - therefore connecting directly to Rithmic would be superior

I have personally found rithmic to be superior to zenfire.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
Reply With Quote
  #5 (permalink)
 
Daytrader999's Avatar
 Daytrader999 
Ilsede, Germany
Site Moderator
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
Trading: NQ
Posts: 1,525 since Sep 2011
Thanks Given: 2,067
Thanks Received: 2,316


Assaya View Post
zenfire got delayed a couple of seconds and so the charts got delayed too. In the end the difference between the quotes I saw on the chart and my fill (market order) was about 2 ES points. At this point I realised that zenfire was a bit slow.

I suffered from the same experience (up to 10 seconds) last week at least on two days, each near the close of the CL cash market, then about half an hour later on the equities, and finally a few minutes before 10 pm my time, which is around 4 pm Eastern.

Reply With Quote
  #6 (permalink)
 dmau 
Melbourne + Victoria/Australia
 
Experience: Intermediate
Platform: nt
Trading: NQ
Posts: 19 since May 2012
Thanks Given: 0
Thanks Received: 3

Good see im not the only one could use some explanations

Be great if some who knows could answer the specific points I raised

Thanks

Started this thread Reply With Quote
  #7 (permalink)
 
aslan's Avatar
 aslan 
Madison, WI
 
Experience: Advanced
Platform: ALT
Trading: ES
Posts: 625 since Jan 2010
Thanks Given: 356
Thanks Received: 1,127

Rithmic is clearly better than Zenfire (you are correct that ZenFire is repackaged Rithmic feed). I also use IQ as my backup and historical source. IQ also provides my indexes ($TICK) and stock quotes.

Reply With Quote
  #8 (permalink)
 futuretrader 
Como Italy
 
Experience: Intermediate
Platform: Ninjatrader, customized
Trading: ES
Posts: 525 since Feb 2010
Thanks Given: 471
Thanks Received: 643


Assaya View Post
Just an experience I had last week with a the trial of zenfire together with my IB datafeed.

Zenfire was the primary datafeed, IB the secondary (and order routing).

zenfire got delayed a couple of seconds and so the charts got delayed too. In the end the difference between the quotes I saw on the chart and my fill (market order) was about 2 ES points. At this point I realised that zenfire was a bit slow.

You're comparing apples and oranges.

IB is a broker snapshot feed, specifically designed not to transmit so much data that it ever gets delayed. It works very well if you don't need the detail - I suspect most people don't, and might even be better off without it.

Zenfire, Rithmic, IQFeed are unfiltered, and therefore, depending on your software, charts, internet connection, etc., may end up delayed when the market is very active. However, I think most delays will be at your end, not theirs.

I used Zenfire for several years and never had any significant delays, as long as my charts were reasonable. But if I"m doing a lot of tick-based calculations, and a news event hits, then there'll be a momentary delay. Of course this doesn't happen with IB because there are far fewer ticks coming down the pipe.

I've been using Rithmic for a few months now and it seems about the same as Zenfire far as speed goes, but I do think the connection itself is more solid.

Reply With Quote
Thanked by:
  #9 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,536

Also see:







All of which have comparison info.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #10 (permalink)
 dmau 
Melbourne + Victoria/Australia
 
Experience: Intermediate
Platform: nt
Trading: NQ
Posts: 19 since May 2012
Thanks Given: 0
Thanks Received: 3


Hi Mike,

Thanks for the reply

I have already read the first 2 threads. The third I dont have access to

Re my initial questions

q1 - q2 : I get the idea, I had just perhaps wanted a more concrete answer, But thats ok.
q3-q5: I cannot find anything in the 2 threads that addresses those 2 questions?

new question
q6: Am I right in saying the only way to get a Rithmic Feed is with Vision and their IBs?

Started this thread Reply With Quote




Last Updated on July 12, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts