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Zen-Fire vs Trading Technologies vs DTN IQ


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Zen-Fire vs Trading Technologies vs DTN IQ

  #11 (permalink)
 
mattz's Avatar
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You can get a discount for DTN IQ exchange fee waiver.
There is a 20% of the annual fee for those who use NinjaTrader and MultiCharts
PM me if interested in details how to go about it.

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  #12 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
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Big Mike View Post
TT is filtered, I believe it comes in 250ms bursts. There is also no historical backfill with TT. I know that Amp for instance charges an extra .25c or so rt for Zen Fire, so I guess TT is cheaper, but I would really go for Zen Fire if you are using NT.

Never used Open E Cry. But have used eSignal and IQfeed, and Zen Fire is pretty much the best if you only need futures data and use NT.

Mike

I have used both ZF and TT for a few years with NT for live trading (which is all that counts--forget the bells and whistles.) TT is not only less expensive but more reliable. The typical futures.io (formerly BMT) trader won't notice any difference in fills, so why pay a premium for a commodity with a slick marketing pitch?

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  #13 (permalink)
 
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Zoethecus View Post
I have used both ZF and TT for a few years with NT for live trading (which is all that counts--forget the bells and whistles.) TT is not only less expensive but more reliable. The typical futures.io (formerly BMT) trader won't notice any difference in fills, so why pay a premium for a commodity with a slick marketing pitch?

If you don't mind me asking, what is the difference in cost between TT and ZN?

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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  #14 (permalink)
 
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 FulcrumTrader 
Austin, TX & Las Vegas, NV
 
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timefreedom View Post
I have used (and like) Zen Fire data but it would be nice to view daily bars and it would also be nice to have access to $TICK data (and perhaps other internals such as $TRIN or $PREM, etc.). How does Trading Technologies and DTN IQ data compare to Zen Fire in terms of reliability, pricing and access to market internals? Thanks.

DTN.IQ is the premier "retailer" feed at this time with excellent market breadth tools (and very low lag NYSE TICK data.....only 1 second delay from reality!) and a very reliable overall feed. DTN pricing is very fair imo for all the value they provide and the reliability is 5 stars imo!

TT fix and Zenfire/Rithmic are broker supplied feeds....they were built for order routing primarily and other functions as secondary use. These feeds are in a whole different category than a true market data feed with ticker plant infrastructure like DTN (with excellent historical data feed capabilities). The broker supplied data feeds are decent for basic charting use and that is about it.

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  #15 (permalink)
 
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 FulcrumTrader 
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mattz View Post
If you don't mind me asking, what is the difference in cost between TT and ZN?

Many traders get "popped" about $.50 a R/T when they use Zenfire feed through a typical NT/Zen broker. TT fix/NT can get as low as about $.10 a R/T which is much better pricing.........$.40 difference per R/T trade!


BTW, what do you guys have for margin on the Kospi 200 through Vision if I wanted to trade that instrument during the Asian session hours? Thanks!

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  #16 (permalink)
 
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FulcrumTrader View Post
Many traders get "popped" about $.50 a R/T when they use Zenfire feed through a typical NT/Zen broker. TT fix/NT can get as low as about $.10 a R/T which is much better pricing.........$.40 difference per R/T trade!


BTW, what do you guys have for margin on the Kospi 200 through Vision if I wanted to trade that instrument during the Asian session hours? Thanks!

I appreciate you answering the question. Further, give me an example of an RT of one Emini with TT and ZF.

Sorry no Kospi clearing now as told by my Chicago trade desk. We don't have the volume to justify it.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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  #17 (permalink)
 
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 FulcrumTrader 
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mattz View Post
I appreciate you answering the question. Further, give me an example of an RT of one Emini with TT and ZF.

Sorry no Kospi clearing now as told by my Chicago trade desk. We don't have the volume to justify it.

OK...thanks for that info.

A common R/T with NT/Zen is around $4.40 all in and I know of a few brokers who do $3.80 to $3.95 R/T all in with TT Fix/NT or TT Fix/TradeVec. These rates would be for a trader with no solid round trip history (like a newer trader or a very low volume trader)......hope that helps.


Christopher

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  #18 (permalink)
 
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FulcrumTrader View Post
OK...thanks for that info.

A common R/T with NT/Zen is around $4.40 all in and I know of a few brokers who do $3.80 to $3.95 R/T all in with TT Fix/NT or TT Fix/TradeVec. These rates would be for a trader with no solid round trip history (like a newer trader or a very low volume trader)......hope that helps.


Christopher

Thanks Again, Christopher. The Rithmic solution is around 4.00 RT and has the same quality as Zen.
Always good to know how things are priced.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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  #19 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

Rithmic broker like Vision, who is giving splendid service goes much lower than $4 RT. But you will have to ask them to negotiate.

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  #20 (permalink)
 
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I provide Rithmic, and yes, if the volume justifies then you can negotiate.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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