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.
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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.
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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.
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Just a follow-up regarding the recent MF Global bankruptcy. Received this today from Velocity:
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
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@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