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DeepDiscountTrading Broker

  #251 (permalink)
TheDude
london
 
Posts: 165 since Jan 2012
Thanks Given: 43
Thanks Received: 162

I think it's worth everyone (especially Tick Collector) remembering that the quality of TT or any other ISV's price feed is going to depend on the FCM's implementation.

If your FCM/IB is some cheap back street operation who puts the ISV gateway server on cheap servers, across cheap telco/ISP lines, guess what, you're going to get delays. If your FCM is a primo tier 1 outfit, chances are your experience will be much better.

As for DDT, well as we know, they use Crosslands as an FCM - who as far as Im aware are a GCM at CME and others. That would suggest a healthy balance sheet, and thus a high standard of IT infrastructure. A lot of the Chicago prop community use Crosslands - so that says something.

JMO.

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  #252 (permalink)
 Sawtooth 
Prescott AZ USA
 
Experience: Advanced
Platform: SierraChart
Broker: Stage5, FCM:Dorman, Data:Denali, Routing:Teton
Trading: YM ES NQ
Posts: 474 since Nov 2009
Thanks Given: 216
Thanks Received: 603

I just found out that Crossland will soon no longer support TT data. This affects DDT, Active Futures, and others that clear with them.

If you are using DDT and Sierra Chart, these are the choices:
1) Rithmic Feed for .30 cents per contract.
2) CQG Feed for .10 cents per contract & $10/Mth.
3) CTS Feed for .50 cents per contract with a $25/Mth "Minimum".

Rithmic is slightly more expensive, except there is no historical tick data. Historical data is minute data only.
CQG is less per contract but more per month, and it is only for trade execution. A separate subscription data feed is needed for charting.
CTS is much more expensive.

For me it's down to two choices:
1) Use Rithmic or CQG, and subscribe to Sierra's data feed
2) Find another broker whose clearing firm will continue to offer TT

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  #253 (permalink)
 
torroray's Avatar
 torroray 
Malaysia
 
Experience: Beginner
Platform: Multichart DT
Broker: MB Trading
Trading: Fx
Posts: 272 since Nov 2009
Thanks Given: 52
Thanks Received: 61



tomgilb View Post

Find another broker whose clearing firm will continue to offer TT

Would you be able to get DDT rates?

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  #254 (permalink)
wayania
aceh+indonesia
 
Posts: 13 since Nov 2013
Thanks Given: 0
Thanks Received: 0


torroray View Post
Would you be able to get DDT rates?

What is DDT rate sir??
Could you please tell me about this..

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  #255 (permalink)
 Stan Dan 
Zug / Switzerland
 
Posts: 67 since Sep 2013

What about this one as a deep discount broker: Online Futures Broker | Discount Futures Broker | Commodities Trading Firm

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  #256 (permalink)
 
torroray's Avatar
 torroray 
Malaysia
 
Experience: Beginner
Platform: Multichart DT
Broker: MB Trading
Trading: Fx
Posts: 272 since Nov 2009
Thanks Given: 52
Thanks Received: 61


wayania View Post
What is DDT rate sir??
Could you please tell me about this..


Stan Dan View Post

wayania I was referring to other broker that have similar rate structure as DDT.

Stan kindly pointed this out.

Thanks Stan.

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  #257 (permalink)
 Sawtooth 
Prescott AZ USA
 
Experience: Advanced
Platform: SierraChart
Broker: Stage5, FCM:Dorman, Data:Denali, Routing:Teton
Trading: YM ES NQ
Posts: 474 since Nov 2009
Thanks Given: 216
Thanks Received: 603

Transworld Futures' FCM is Ironbeam and they are also discontinuing TT FIX data.

The only FCMs that still offer TT are AMP Futures and Advantage Futures, and their Introducing Brokers.

I can't get a consistent reason why TT FIX is being dropped by many FCMs. It ranges from 'risk management' to 'no need for so many feeds'.

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  #258 (permalink)
 Stan Dan 
Zug / Switzerland
 
Posts: 67 since Sep 2013


tomgilb View Post
Transworld Futures' FCM is Ironbeam and they are also discontinuing TT FIX data.

The only FCMs that still offer TT are AMP Futures and Advantage Futures, and their Introducing Brokers.

I can't get a consistent reason why TT FIX is being dropped by many FCMs. It ranges from 'risk management' to 'no need for so many feeds'.

Thanks for this information. Here a link may useful for others to compare different broker houses: Broker Directory

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  #259 (permalink)
 Bango 
Trieste, Italy
 
Experience: Advanced
Platform: Sierra Chart, Jigsaw
Broker: AMP/CQG
Trading: Bund, Dax, ES
Posts: 17 since Nov 2012
Thanks Given: 54
Thanks Received: 12

Hello,
this is the link to get info on DDT:

Deep Discount Futures Trading Commodity Brokers Best Low Rates Cheap Commissions High Frequency Systems Exchange Members

I'm very satisfied with Howard Lender (broker) and Crossland (FCM).
Very reliable service from them. No frills.

For Ninja Trader they offer Continuum (CQG) too for 15 cent/contract + 10$ monthly (real time data included)

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  #260 (permalink)
 Futures Operator 
New York, NY
 
Experience: Intermediate
Platform: Sierra Chart, thinkorswim
Broker: Amp-Rithmic/TT, IB
Trading: CL, GC, NQ
Posts: 601 since Nov 2010
Thanks Given: 2,039
Thanks Received: 258



tomgilb View Post
Transworld Futures' FCM is Ironbeam and they are also discontinuing TT FIX data.

The only FCMs that still offer TT are AMP Futures and Advantage Futures, and their Introducing Brokers.

I can't get a consistent reason why TT FIX is being dropped by many FCMs. It ranges from 'risk management' to 'no need for so many feeds'.

Is there a risk of Amp and Advantage dropping TT as well?

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