Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
Posts: 49,760 since Jun 2009
Thanks: 32,301 given,
97,531
received
I'll start.
I wish I could download more backfill during trading hours vs after hours.
And I wish they had more than 120 days of tick data. I guess I just want everything But really I couldn't think of much else to ask for.
Storage and bandwidth is relatively cheap, I hope they offer more than 120 days soon. It seems they've got the hard part figured out already, which is infrastructure and development.
They need to change their program model and not require their application be running. I would like the option to be able to compile their code into an app (via a dll). The main reason they give for this, is allowing more than one program to attach, but that could be solved in a dll as well.
The following user says Thank You to aslan for this post:
That is exactly what I was thinking as well Big Mike. More Bid/Ask data backfill days would be great. Other than that it has been reliable and accurate.
I contacted IQFeed on the backfill issue sometime early last year and I was told that I could have maximum of 120 days of backfill ONLY at the close of market; which is my 10:00PM (GMT+1), but I always had maximum of 30 days even at the close of market.
P.S. It is after market hour right now, and I just inquisitively attempted to do a Weekly chart with 6 months backfill (see attached screenshot), and it looks OK ... Is this a new feature of IQFeed feed with effect from Jan 2012 ? I never had been able to achieve this all this while ... I expect the backfill to stay intact when the market opens.
Of course, then you are not using IQFeed (I know its the same data coming thru Ninja, but thats not IQ its Kinetick). I use IQFeed because I can connect multiple apps to the same feed, can not do with Kinetick (unless that has changed).
So, I was really talking about the app, while I think the other issue of the actual feed is pertinent to Kinetick.
I love your service and all but I think it is really lame to be paying 200 smackers a month and not be able to see the friggen data myself and play with it if i wish... I refuse to pay the developers fee because A. I am not a developer and B. on principle ... there is no reason for it unless someone is commercially using it in which case they would be in a different realm anyways ... I am spending a lot more time than I should trying to learn to have at the data I pay for...
Give us the instructions please....
"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
I don't know if MBTrading is part of it cause they waive the fees themselves I guess , but i haven't asked in a while....
thanks I forgot about that ....
still want the instructions though
"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
Thanks for the feedback. I believe we charge a fair price for the API service which includes dedicated support, access to Pre-Production servers and pre-release software to test changes before we roll them out. We also must manage the 3rd party software connecting to the service to ensure compliance and help protect all of our customers from a rogue 3rd party application interfering with the performance of our service. I understand the arguments of "but I already pay for the data", but the data service is priced at a level where we assume the support needs are lower because the work to implement the feed has already been done. Our fee structure is actually backwards from what you describe in that we often don't charge the API fee for commercial products who will be promoting our services to their customers. Overall, the $300 annual API fee isn't a profitable business as it just covers the costs of the dedicated support staff and some overhead. While many people tell us they don't need development support, we find that those who say this often become the most actively supported developers by our staff.
There are other ways to play with the data without paying the $300 fee, such as using Qcollector or 3rd party applications that include programming environments.
Could you elaborate on what you would be able to do with a .dll that you aren't able to do with the current IQFeed client? I am interested in learning what difficulties you have currently and how we can improve things.
Thanks to everyone who has taken the time to reply in this thread (and thanks Mike for starting it). I apologize for not seeing it earlier, but I will try to check back often as I am highly interested in learning how we can improve service. We are in the middle of a new development cycle where we are making some backend improvements, and your feedback will help drive our development efforts going forward.
Keep them coming!
Jay Froscheiser
Telvent DTN
The following 2 users say Thank You to DTN IQFeed for this post:
This are my 2 concerns too. Develop a "Backtester Needs" product with accurate time-stamps and a larger backfill period. I would pay a higher price too get this done.
Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
Posts: 49,760 since Jun 2009
Thanks: 32,301 given,
97,531
received
BTW, depending on how bad you want this, you can get it right now from nanex.net. Millisecond resolution and every single tick of every single product at multiple exchanges going back to 2004 I think. As you may know, Nanex is the framework that DTN is using. I think it's around $1000/mo.
Yes of course, IQFeed is only the little brother of nanex. I've recently worked on the file specs and was pretty impressed. They offer complete syncronized data at exchange level. But, for me, too much and too expensive. It were nice if there would be something between both solutions. And i'm looking only for historical tick data. The real data comes thru the well known retail feeds.
awesome job with the milliseconds. And all I want for Christmas is access to the top level of the bid/ask updates on a historical basis
If were really wishing though, it would be fantastic to have the data be the same streaming and historical, I understand it becomes a bandwidth issue though. Although I would love to be able to pay up for the nanex feed, my trading cannot support $1000/mo right now.
The symbols for the S&P500 and Dow Jones Industrial cash indices (SPX.XO and INDU.X) have no volume data, whereas eSignal, Yahoo and many other sources show volume for the cash indexes, which is useful for volume spread analysis.
I know that it is technically correct to show no volume for the cash indices, since they can't be traded, but the volume could be computed by adding the volume of each company in the index in the same proportion as its price contributes to the index.
For example, AAPL is about 3.8% of the S&P500 so 3.8% of its volume could be used to compute the index volume and likewise for all other constituents.
S&P don't publish the index weightings for free, but the holdings of the SPY ETF are published for free.
I could compute the index volume by downloading data for all 500 symbols, but I would rather have IQFeed do the sums. This would avoid using IQFeed's bandwidth too.
The following user says Thank You to pawnbroker for this post:
Would like to see more Asian markets added, OSE & HKEX would be nice. KRX too for the KOSPI 2000, but I wonder if there is very little US demand for any of these markets
The following user says Thank You to dmh24 for this post:
Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
Posts: 49,760 since Jun 2009
Thanks: 32,301 given,
97,531
received
I'm hoping they'll announce >6 mos of tick data soon. I also hope they will eliminate the restrictions during cash hours, this causes some delays in my development cycle when I write code in the day and need to test it, but can't.
Site Administrator Swing Trader Data Scientist & DevOps
Manta, Ecuador
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
Posts: 49,760 since Jun 2009
Thanks: 32,301 given,
97,531
received
Just a quick note/update that IQFeed has enhanced their futures.io (formerly BMT) Elite Partnership program.
Elite Members can now receive a 50% discount off the first 3-months or 20% off an annual subscription, both with no setup fee, to DTN IQfeed. This is for new DTN customers only.
Note: Big Mike Trading does NOT receive compensation for these referrals, we simply worked out these special deals to help our Elite Members who have chosen to support the site. Even though we believe these are great products and services, you should always do your own research before doing business with a company.
I used DTN IQfeed for 6 weeks. The data worked great for me using NinjaTrader8 but that six weeks cost me $319.38.
I had NYSE and NASDAQ level1 & level 2. One of the ways of getting more money is they charge you for an additional 15 days after you give termination notice. So that means I ended up paying $319.38 for 8 weeks of data. I did not have the drop-outs that some users have mentioned. The data was great but the the pricing is high.
But really I couldn't think of much else to ask for.
