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AMP Futures / AMP Global Review


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AMP Futures / AMP Global Review

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  #41 (permalink)
seoul, Korea
 
Experience: Intermediate
Platform: Multicharts
Broker: CQG, DTN IQfeed
Trading: YM 6E
 
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Posts: 896 since Jul 2012
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paulg View Post
Simply ask them to rectify the commissions / margins. Also account size can make a difference in your options to get better commissions, according to the AMP Cost Calculator
Also note that most of the broker feeds has maintenance period and it' could be on Sundays.
About losing historical data, this depends which data you are talking about: if they are realtime indicators calculated on historical bid/ask then it depends on software and backfill datafeed. CQG feed provided by AMP could not be the best solution in order to obtain that kind of service.
If, instead, the issue is about Multicharts, then it's better if you contact that TSSupport. Also you may need to update the latest CQG MAPI module (ask for the specific procedure for the update).
Hope this helps.

The problem with the data has been fixed. I asked them over the phone if i could get a refund on the commissions, in so many words they said no.

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  #42 (permalink)
Taipei Taiwan
 
Experience: Advanced
Platform: NinjaTrader
Broker: AMP Clearing
Trading: TW
 
Posts: 693 since Jun 2009
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paulg View Post
Simply ask them to rectify the commissions / margins. Also account size can make a difference in your options to get better commissions, according to the AMP Cost Calculator
Also note that most of the broker feeds has maintenance period and it' could be on Sundays.
About losing historical data, this depends which data you are talking about: if they are realtime indicators calculated on historical bid/ask then it depends on software and backfill datafeed. CQG feed provided by AMP could not be the best solution in order to obtain that kind of service.
If, instead, the issue is about Multicharts, then it's better if you contact that TSSupport. Also you may need to update the latest CQG MAPI module (ask for the specific procedure for the update).
Hope this helps.

Please notice that when their calculator says the Euro 6E is $4.44 R/T, they will add an extra $1 for 'clearing' that other brokers do not add so you will end up paying $5.55 R/T. Usually the CME clearing fee is about $0.06 which you also pay.

Math. A gateway drug to reality.
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  #43 (permalink)
Volcano, HI
 
Experience: None
Platform: Ninja
Broker: AMP/CQG
Trading: Futura2000
 
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Posts: 197 since Dec 2009
Thanks: 389 given, 156 received



traderwerks View Post
Please notice that when their calculator says the Euro 6E is $4.44 R/T, they will add an extra $1 for 'clearing' that other brokers do not add so you will end up paying $5.55 R/T. Usually the CME clearing fee is about $0.06 which you also pay.

I pay $2.32 a side and I don't have that 1$ charge you speak of. Can you provide more info.

Thanks.

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  #44 (permalink)
Taipei Taiwan
 
Experience: Advanced
Platform: NinjaTrader
Broker: AMP Clearing
Trading: TW
 
Posts: 693 since Jun 2009
Thanks: 434 given, 455 received


dakine View Post
I pay $2.32 a side and I don't have that 1$ charge you speak of. Can you provide more info.

Thanks.

You probably have a better deal than me

This is cut from my statement trading 2 R/T 6B




 
Code
Exchange    6.40
NFA         0.08
Clearing    2.00
CQF TRF     0.40
Commission  2.00
-----------------
          $10.88
$10.88 for 2 R/T so $5.44 per round trip.

The clearing fee is $0.50 per side so a round trip is $1.00.


And it was $5.44, not $5.55. My bad. Typo.

Math. A gateway drug to reality.
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  #45 (permalink)
Detroit, MI.
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
 
Posts: 11 since Oct 2012
Thanks: 9 given, 3 received

I was wondering about the reliability of TICK data... (CQG - Ninja) I use it for entry and my TOS platform differs significantly. TOS seems to be more accurate for this purpose..

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  #46 (permalink)
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  #47 (permalink)
vienna/vienna
 
Experience: Advanced
Platform: ninja trader, fusion, TOS
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Posts: 40 since Apr 2012
Thanks: 8 given, 18 received

in the beginning i had some problems with AMP futures.
after a litte bit of raging and complaining, everything is fine now.

its all about communication. the guys from AMP are sometimes a little bit slow but i give them a 8 out of 10

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  #48 (permalink)
vienna/vienna
 
Experience: Advanced
Platform: ninja trader, fusion, TOS
Trading: Stocks, Futures
 
Posts: 40 since Apr 2012
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BWhite88 View Post
I was wondering about the reliability of TICK data... (CQG - Ninja) I use it for entry and my TOS platform differs significantly. TOS seems to be more accurate for this purpose..

CQG is a top datafeed... thats the reason why i choosed AMP (and about the cheap commisions).

i also use TOS, it hase the same accuracy as CQG. the problem with TOS is, that the plattform is sometimes delayed (becaus of that stupid javascript language).

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  #49 (permalink)
Moscow Russia
 
Experience: Intermediate
Platform: NinjaTrader
Trading: futures
 
Posts: 127 since Apr 2012
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Does anyone know who clears AMP futures? They are not CME clearing member, so i wonder through whom they clear CME products?

Thanks!

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  #50 (permalink)
Cedar Rapids, iowa
 
Experience: Intermediate
Platform: Ninjatrader
Broker: Ninjatrader - Continuum
Trading: 6E, TF, 6J
 
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snusnufreak View Post
Does anyone know who clears AMP futures? They are not CME clearing member, so i wonder through whom they clear CME products?

Thanks!

They are their own clearing merchant.

NinjaTrader | AMP Global Clearing (FCM)

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