Platform: NinjaTrader (It's a love/hate relationship)
Favorite Futures: CL, TF, 6E
Posts: 176 since May 2010
Thanks: 60 given,
Howard has been nothing short of exceptional before and after I signed on with him. I can also tell you that he is a trader too, so he knows the business from our side of the screen, not just a broker's.
In the spirit of full disclosure: If you use tick charts on a short time frame, there will be a difference between the TT feed and the ZenFire feed. Ironically, this morning I had more ticks from TT than Zen. My early morning 150 tick chart had more bars on it with the TT data than the ZenFire chart. I would have thought it would be the other way around. As for minute charts, I've never had a difference... even on a 1m chart.
what you mean for difference from TT feed and ZenFire Feed? Is Crossland using Zenfire or Trading technologies feed ? Sorry but I'm novice so maybe my question is not correct. So you have both TT and Zenfire feed?
I believe he choosed Crossland for the smaller commissions, even if Crossland has the TT feed and not the Zenfire feed. Zenfire is generally viewed as a better feed than TT, but the comparison he just made (by comparing tick charts) showed that on that particular day the TT feed was actually better than Zenfire, because it delivered more ticks, which is good.
I also can confirm that Zenfire recently is not that "perfect" as it used to be, and my TT feed (with Velocity futures) is overall more reliable than Zenfire.
Thanks for your promt reply. So ZenFire and TT are trading engine that supply feed to Ninja and other platforms. So Velocity and Crossland are clearing houses? I read somewhere in this forum, that some user complain about Dorman, because they tell that to have REALTIME P/L of their position have to wait the following day!. Velocity is the same or your P/L are in REALTIME?
Sorry for my long question, I'm a forex trader using a simple platform as Oanda, and I'm new to futures market, so many details to follow!
Thanks again for your support.
Last edited by forexboom; September 20th, 2010 at 07:11 AM.
Velocity and Crossland are Futures Commission Merchants, so they are both brokers and clearing houses.
Dorman is not using RCG, they are competitors, Dorman is a true Clearing House, one of the oldest. Maybe they do not provide realtime P/L because their platform was first built a long time ago specifically for local floor traders, whose trades used to be reconciliated by the Clearing House at the end of the day.
Velocity does provide realtime P/L in the customer portal of their website.
You seem to be following the same path I already did, so maybe I can help you some more. But I think we may get off-topic soon, as this thread pertains to DeepDiscountTrading Broker, so feel free to PM me if you need further informations.