Is IQFeed not an option? I clear roughly 14000 ES contracts/month via Interactive Brokers API, with IQFeed driving system signal data. Have had so few issues for over 5 years now with this combination. 90% of execution is intra-day *market* orders, with block sizes approaching 45 c's. Excellent transactional slip. Please note, IB execution only. Everything else they provide is unsatisfactory.
For a short period, ran CQG Integrated (via Advantage Futures) for execution/charting. Had difficult time telling difference between CQG and IQFeed data for Globex futures, and did not find extra cost of CQG | Int execution vs IB worth it. Then again, I only trade Globex ES/6E/6B/NKD and have 35ms ping to IB US servers. Now use relatively inexpensive CQG|Trader (Advantage) for fast manual-scalp strats and backup/hedging. If IB did not nearly match Advantage on commission in my circumstance (long time client/consistently decent volume), I'd likely have all operations running through Advantage. They are just a top-notch tech driven Chicago outfit. Their Equinix rackspace offering is increasingly appealing to me.
Last edited by BlackSwan; September 21st, 2010 at 03:07 AM.
The following 5 users say Thank You to BlackSwan for this post:
I second IQFeed, I can't remember the last time the service was down or missed a beat. Not this year, not even once, not to my knowledge. That doesn't solve the execution problem if Zen Fire is down however and that is your broker. I'm wondering if anyone tried the Zen Fire web interface during these outages, to see if they could control orders from there (if it was required, say for instance your broker was not answering phone, etc).
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.
The following 2 users say Thank You to Big Mike for this post:
Haven't been using Zen Fire this week, though last Friday (the 17th) the Zen Fire web UI was down for at least an hour. Ninja worked for me during that outage.
Unfortunately I also got a mysterious 'double fill' on a stop then with Ninja - trade log showed a new position opened on a 'close' command at the exact same time my stop was hit. I don't remember manually closing the trade, but it's possible. Still the exact timing is strange. Asked Mirus to investigate and the Zen Fire order desk said issue was mine.
Just another reason to be glad I'm no longer using Ninja. And will use Zen fire only on my backup Mirus account now that I've opened an IB account.