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Rithmic vs. CQG Question


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Rithmic vs. CQG Question

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  #11 (permalink)
Berlin
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
 
Posts: 15 since Jan 2015
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Keen4Snow View Post
what's your access time to Rithmic servers?
I've got under 60 ms from central Europe when using Europe gateway.
Good job...It used to be 140 ms using standard Chicago gateway.

RTrader/Window/Preferences/Performance/Ping


hi keen4snow,
how do you measure your time and is it possible to choose the gateway?
thanks!

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  #12 (permalink)
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peanut View Post
hi keen4snow,
how do you measure your time and is it possible to choose the gateway?
thanks!

On R-Trader, on the Recent Order Tab Window, within the Completed Order window, you have the ability to click on executed traders and clearly see the time it was received from you, when it was received by the exchange, etc
Look at the image I attached.


Hope this helps.

MattZ
Optimus Futures
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  #13 (permalink)
Melbourne, Australia
 
Experience: Intermediate
Platform: NT8, Multicharts,Sierra
Broker: CQG, IB
Trading: YM,CL,GC,6E,6J
 
Posts: 96 since Mar 2013
Thanks: 83 given, 56 received


Hi

I'm based in Australia and have tried CQG (AMP), GAIN and Rithmic.
I have not tried TransACT.

I thought CQG would be better for me as they have a Sydney data center but I was wrong.

In terms of reliability and speed during busy times I would rank them 1. Rithmic 2. CQG 3. GAIN.

I am connected to the Rithmic Singapore server and so far it has been great and a pleasant change from GAIN's frequent downtime issues.

The only problem I have not solved is the 50 cents round trip routing fee for Rithmic compared to 20 cents for CQG or GAIN.

That adds up !!

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  #14 (permalink)
Melbourne VIC Australia
 
Experience: Intermediate
Platform: Sierra, Jigsaw
Broker: Tradovate , OEC
Trading: NQ, ES, SPI200, Income Options
 
neo2013's Avatar
 
Posts: 9 since Oct 2013
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hoolio View Post
Hi

I'm based in Australia and have tried CQG (AMP), GAIN and Rithmic.
I have not tried TransACT.

I thought CQG would be better for me as they have a Sydney data center but I was wrong.

In terms of reliability and speed during busy times I would rank them 1. Rithmic 2. CQG 3. GAIN.

I am connected to the Rithmic Singapore server and so far it has been great and a pleasant change from GAIN's frequent downtime issues.

The only problem I have not solved is the 50 cents round trip routing fee for Rithmic compared to 20 cents for CQG or GAIN.

That adds up !!

I use OEC\Gain here in Aus and for a broker feed, haven't had any issues at all. why pay $100\mth when u don't need too?

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  #15 (permalink)
Site Moderator
London UK
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
 
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hoolio View Post
Hi

I'm based in Australia and have tried CQG (AMP), GAIN and Rithmic.
I have not tried TransACT.

I thought CQG would be better for me as they have a Sydney data center but I was wrong.

In terms of reliability and speed during busy times I would rank them 1. Rithmic 2. CQG 3. GAIN.

I am connected to the Rithmic Singapore server and so far it has been great and a pleasant change from GAIN's frequent downtime issues.

The only problem I have not solved is the 50 cents round trip routing fee for Rithmic compared to 20 cents for CQG or GAIN.

That adds up !!

hi hoolio - I want to verify whether you have access to different pricing for CQG. My understanding is that to every trade via CQG you need to add a 25 cents routing fee - works out as 50 cents round trip too.

Do you have different prices?

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  #16 (permalink)
Melbourne, Australia
 
Experience: Intermediate
Platform: NT8, Multicharts,Sierra
Broker: CQG, IB
Trading: YM,CL,GC,6E,6J
 
Posts: 96 since Mar 2013
Thanks: 83 given, 56 received

My understanding is CQG is 10cents routing per side and Rithmic is 25cents routing per side.

Your mileage may vary

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  #17 (permalink)
Site Moderator
London UK
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
 
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hoolio View Post
My understanding is CQG is 10cents routing per side and Rithmic is 25cents routing per side.

Your mileage may vary

Ok, thanks. It may be that your volume is higher so that your rate is lower, or you may have a better deal.

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  #18 (permalink)
Philadelphia PA
 
 
Posts: 52 since Jan 2019
Thanks: 5 given, 30 received

Guys - Can anyone provide an update on this thread ?
I am moving away from Interactive Brokers due to their outrageous margin requirements for both ES ($13,200) and NQ ($17,600).
I am going to go thru Optimus Futures and clear thru either CQG or Rhythmic thru their API.
I will not be using their data feeds, nor their trading platforms.
My set-up is Multicharts 14 for charting and placing trades; IQFeed.net as the data feed.
Any and all comments greatly appreciated.

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