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Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
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Posts: 5,049 since Dec 2013
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If it's okay to sue AMP for their platforms which are not their own product on the grounds its negligence, isn't the extension of this you could actually sue CME for 'certifying' the same platform?
The lawsuit alleges the negative pricing of oil contracts failed on Multi Charts.
Are you claiming the same price issue happened for you with e-mini S&P?
Just curious about the problem you had, since the only problem related to this that I've had in the past was with the CQG data feed disconnecting. But that was an exceptionally rare instance honestly.
Can someone confirm if MultiCharts and SierraChart can handle negative pricing? Isn't this a platform and data feed issue rather than strictly a broker/FCM issue?
Several months ago, i have opened an account with AMP. After trading a while, i have sent them an email and asked "I'm not allowing anyone to tag me with my trades, positions, orders and share my data with 3rd party". Because if anyone knows and tags your trades, they easily can train an AI on it and trade against you.
They have closed my account without any reason
I have sent the same email to forex.com and cityindex.co.uk and thet did the same...
@SMCJB as you know, more than half the members of the community are using NinjaTrader here. Imagine if NinjaTrader were sued because of this exact same situation, and the accusations were similar such as failure in software.
This would have a significant impact here in the community. And even though their EUA indemnifies them from such things, I don't know what the courts would have to say about it. But I would hate to see such a great company that moved the entire space forward as much as NinjaTrader did, go up in flames over something like this.
I am hoping the entire industry took this very seriously. It's like when you see your neighbors building on fire, I hope you are making certain your escape routes are up-to-date and well rehearsed, your off-site backups are proven functional and up-to-date, and that you have a plan in place for what to do in the event the same were to happen to you.
I have no love lost for AMP after they sued me, but I view it as one of my responsibilities as forum admin to make sure people are aware of this situation, given what is at stake and the fact that many members have accounts with AMP. That said, if it were to happen to NinjaTrader, and they were to go under as a result, I would shed a few tears privately because I really have a special place in my heart for that platform! It's how I cut my teeth as an algo trader!
