NexusFi: Find Your Edge


Home Menu

 





Experience with Velocity Futures?


Discussion in Brokers

Updated
      Top Posters
    1. looks_one sysot1t with 34 posts (15 thanks)
    2. looks_two Big Mike with 26 posts (38 thanks)
    3. looks_3 TheDude with 17 posts (10 thanks)
    4. looks_4 josh with 12 posts (3 thanks)
      Best Posters
    1. looks_one George with 2.7 thanks per post
    2. looks_two Big Mike with 1.5 thanks per post
    3. looks_3 Dale Box with 1.3 thanks per post
    4. looks_4 sysot1t with 0.4 thanks per post
    1. trending_up 125,992 views
    2. thumb_up 229 thanks given
    3. group 59 followers
    1. forum 303 posts
    2. attach_file 8 attachments




 
Search this Thread

Experience with Velocity Futures?

  #171 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
Posts: 2,543 since Jun 2010
Thanks Given: 3,803
Thanks Received: 2,842


sysot1t View Post
your profile shows AMP/CQG... which is only via NT7... so why not enter an order and let us know how it goes? other than that, with CQGT/IC that is what it means..

Yes, that is what I am switching over to. Haven't finished setting up the account. Still testing the datafeed etc.. I figured you guys would know more quickly. Thanks.

Visit my NexusFi Trade Journal Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Futures True Range Report
The Elite Circle
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Exit Strategy
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
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
  #172 (permalink)
 sysot1t 
 
Posts: 1,173 since Nov 2009


bluemele View Post
Yes, that is what I am switching over to. Haven't finished setting up the account. Still testing the datafeed etc.. I figured you guys would know more quickly. Thanks.


just put a limit or sell/buy stop far away from the current market on ES ... close NT7... then restart and see if they are still there... that will show you..

I dont use NT7, so I cant answer it.... but I did mentioned already that CQGT/IC do..

Reply With Quote
  #173 (permalink)
 
Lornz's Avatar
 Lornz 
Oslo, Norway
 
Experience: Advanced
Platform: CQG, Excel
Trading: CL
Posts: 1,193 since Apr 2010



sysot1t View Post
that is exactly what I was thinking... which is why I am rushing to test it.. ...I am opening another account to see what it is like... will let you know what I find out as I make the time to play with it.. on details were really on the website, the other option is to get an explanation from the reps on the forum...

Yes, please keep me updated!

Visit my NexusFi Trade Journal Reply With Quote
  #174 (permalink)
 
Lornz's Avatar
 Lornz 
Oslo, Norway
 
Experience: Advanced
Platform: CQG, Excel
Trading: CL
Posts: 1,193 since Apr 2010


zer0 View Post
FYI: CQG Trader API != CQG API. I'm not sure precisely how they differ, but they are not the same. This may or may not impact those MATLAB plans, depending on what is left out in the CQG Trader API when compared to the CQG API.

Yes, I was afraid there were some differences -- I'll guess we have to wait for @sysot1t 's report...

Visit my NexusFi Trade Journal Reply With Quote
  #175 (permalink)
yshterk
Denver, CO
 
Posts: 28 since Oct 2010
Thanks Given: 15
Thanks Received: 23


Big Mike View Post
If I recall correctly from the last CQG webinar on nexusfi.com (formerly BMT), all CQG orders are server side. That means they are at the Exchange where possible, and otherwise at the gateway or CQG servers -- and never solely on the client.

Velocity or can confirm, or perhaps CQG's @ yshterk.

Mike

It is a bit too late but as a final confirmation - yes, OCO, Trailings and DomTriggerred orders are all server side with CQG. And, as was mentiond before, CQG servers are all colocated next to the appropriate exchanges.
The same goes to the Spreading and Aggregation functions, they all are server side. But Spreader and Aggregation only available with CQG Integrated Client.

Reply With Quote
Thanked by:
  #176 (permalink)
yshterk
Denver, CO
 
Posts: 28 since Oct 2010
Thanks Given: 15
Thanks Received: 23


Lornz View Post
Yes, I was afraid there were some differences -- I'll guess we have to wait for @ sysot1t 's report...

CQGT API will provide access to real time data and trading functionality. There is no historical data available via this API, just like there are no charts in CQGTrader.

CQG IC API provides access to real time, trading and historical. You have access to as much history as your CQG IC has access to (so, in largest case it will be over 11 years of tick data and 50+ years of daily bars). You also have access to CQG studies, conditions and Trading Systems.

We also had built an adapter from CQG IC API into MatLab, so if Matlab is your final destination you already have code you can use to get real time and historical data flowing into Matlab and some samples to accept trading signals from there.

Reply With Quote
Thanked by:
  #177 (permalink)
 sysot1t 
 
Posts: 1,173 since Nov 2009


yshterk View Post
CQGT API will provide access to real time data and trading functionality. There is no historical data available via this API, just like there are no charts in CQGTrader.

CQG IC API provides access to real time, trading and historical. You have access to as much history as your CQG IC has access to (so, in largest case it will be over 11 years of tick data and 50+ years of daily bars). You also have access to CQG studies, conditions and Trading Systems.

We also had built an adapter from CQG IC API into MatLab, so if Matlab is your final destination you already have code you can use to get real time and historical data flowing into Matlab and some samples to accept trading signals from there.

thanks that saves me having to play with it...

so from what you are saying, CQGT API wont tie into MatLab... or are you saying the adapter today for MatLab exists only on CQGIC and it would require mods?

Reply With Quote
  #178 (permalink)
yshterk
Denver, CO
 
Posts: 28 since Oct 2010
Thanks Given: 15
Thanks Received: 23


sysot1t View Post
thanks that saves me having to play with it...

so from what you are saying, CQGT API wont tie into MatLab... or are you saying the adapter today for MatLab exists only on CQGIC and it would require mods?

CQGTrader API and CQG IC API use exactly the same data model, so if you develop software for one it will work for another as long as it uses functionality supported. That means that as long as you limit your usage of MatLab to real time data import into Matlab and trade signals out of Matlab our samples will work fine.

Usually people pay high price for Matlab because they want to have a way to play with historical data and monitor correlations and statistical models, that is why CQG is positioning Integrated Client as more acceptable product here. But CQGTrader should work as well.

Reply With Quote
Thanked by:
  #179 (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

Just a follow-up regarding the recent MF Global bankruptcy. Received this today from Velocity:


Quoting 
We understand that there may be fear or surprise among the futures and commodities trading community today arising from today’s breaking news that FCM MF Global is allegedly considering a possible filing for bankruptcy.

Understanding that concern, Velocity Futures, LLC wanted to let our customers know that we have no clearing business or other relationship with MF Global. None of our customers’ funds or our own are placed with MF Global as a custodian or in any other capacity.

We would also like to take this opportunity to remind you that Velocity is one of the only FCM's today that does not engage in any business other than the processing of trades for Futures and Commodity Customers. We have no proprietary trading, no customer trading authorization, no exposure to mortgage backed securities, and no exposure to European debt.

Thank you for your business.

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:
  #180 (permalink)
 
Tiberius's Avatar
 Tiberius 
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
Posts: 1,552 since Feb 2010
Thanks Given: 2,984
Thanks Received: 3,406



yshterk View Post
CQGTrader API and CQG IC API use exactly the same data model, so if you develop software for one it will work for another as long as it uses functionality supported. That means that as long as you limit your usage of MatLab to real time data import into Matlab and trade signals out of Matlab our samples will work fine.

Usually people pay high price for Matlab because they want to have a way to play with historical data and monitor correlations and statistical models, that is why CQG is positioning Integrated Client as more acceptable product here. But CQGTrader should work as well.

@yshterk I am about to open another futures account. I have wondered about this from day 1. Maybe my question is better answered by reading the brokers financial statement. My question is: what do you brokers do with our excess money that is in our accounts? I am sure that the use of our money is considered in the commissions and fees. I guess their is no fiduciary relationship between the broker and the customer. But what to you do with it? Where is it really located? Does our money circle the globe at night strengthening the reserves on paper for these zombie banks? Or what? Thanks Tiberius


Visit my NexusFi Trade Journal Reply With Quote




Last Updated on October 26, 2013


© 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