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new fees for TF


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new fees for TF

  #11 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
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Big Mike View Post
Just a general thought here. This is a really really bad move from ICE. Based on what I've read on the forum, a lot of "smaller" traders liked the TF and these same traders are no way going to pay $70/mo. I mean most of them are getting their platform and data for free, no way would they pay $70 to trade an instrument.

Yes I know there are big players here trading TF too, and to those guys $70 makes no difference. But I can't help but think that ICE has made a pretty big mistake here. I can't recommend TF anymore to smaller/less experienced traders, so I'll have to find a new instrument I guess

Mike

Just when i was beginning to like trading the TF :-(

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  #12 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
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Got this confirmation from my broker:

"You will continue to receive the same ICE data from Zen-Fire without any additional fees"

Is it not great !

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  #13 (permalink)
 
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 cory 
virginia
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Quoting 
If you do nothing, the information will default to delayed quotes

hopefully, small traders know they are delayed quotes.

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  #14 (permalink)
 
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 Silvester17 
Columbus, OH
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cory View Post
hopefully, small traders know they are delayed quotes.

who knows maybe they'll start making money and don't even know it's because they have delayed quotes.

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  #15 (permalink)
 
FulcrumTrader's Avatar
 FulcrumTrader 
Austin, TX & Las Vegas, NV
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$70 a month for TF data is a joke imo (which has had some bugs last few weeks).....not like the TF is some HUGE instrument which all the commercials trade.....LOL!

No thanks......I will keep trading the ES/DAX/CL/CME FX and may add NQ again.

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  #16 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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trendisyourfriend View Post
Got this confirmation from my broker:

"You will continue to receive the same ICE data from Zen-Fire without any additional fees"

Is it not great !

Your broker is Mirus right? You should ask them to confirm they are live quotes, and not delayed. I can't really see a broker eating $70/mo x all their clients, but its worth asking.

Mike

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  #17 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010
Mirrus is IMHO at least 20% more expensive than other cheap brokers, the could easely eat that $70

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  #18 (permalink)
 traderwerks  is a Vendor
 
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Hopefully , @mattz will chime in on this.

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  #19 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
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Big Mike View Post
Your broker is Mirus right? You should ask them to confirm they are live quotes, and not delayed. I can't really see a broker eating $70/mo x all their clients, but its worth asking.

Mike

Mike i got this answer from the representative at Mirus:

You will still get real time quotes from Zen-Fire. All the information being sent to you by DTN is only for IQFeed which is a data provider and not a trading engine like Zen-Fire.

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  #20 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

That's one of the best lines on BM in the last weeks.

Zenfire/TT and others are a trading engine feed. Not a charting feed.

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