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CQG or Rithmic Data with ............


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CQG or Rithmic Data with ............

  #1 (permalink)
md1933
memphis
 
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CQG or Rithmic Data with ............ AmpFutures

I am looking at opening an Account with Amp and will be using Multicharts through Amp as my Trading Platform

While looking over the specs with this setup , it gives me two options on who to go with for a Data provider ( CQG or Rithmic )

What are other's recommendations please, for which Data provider I should select ?

Thanks so much for the help

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  #3 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
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md1933 View Post
CQG or Rithmic Data with ............ AmpFutures

I am looking at opening an Account with Amp and will be using Multicharts through Amp as my Trading Platform

While looking over the specs with this setup , it gives me two options on who to go with for a Data provider ( CQG or Rithmic )

What are other's recommendations please, for which Data provider I should select ?

Thanks so much for the help

We use both and the execution is good with both. However, they differ in cost and the history they provide.
I think that Rithmic provides longer tick history.

CQG credentials also allow you to trade via all CQG products via AMP. Rithmic allows you to execute via R Trader with the same credentials and you can use it as a backup.

Thank you,
Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of futures results.

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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  #4 (permalink)
 
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 rintin2x 
salt lake utah
 
Experience: Beginner
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Sorry @md1933 for butting in here but it might be useful info if @mattz can clarify it.

@mattz or anybody here, i’m using cqg data on my life account and it’s showing 10 level depth of market each side, but when doing combine with rithmic it’s showing around 20 or something depth of market each side, can you confirm this please.

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  #5 (permalink)
 
mattz's Avatar
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rintin2x View Post
Sorry @md1933 for butting in here but it might be useful info if @mattz can clarify it.

@mattz or anybody here, i’m using cqg data on my life account and it’s showing 10 level depth of market each side, but when doing combine with rithmic it’s showing around 20 or something depth of market each side, can you confirm this please.

Glad to help, no problem.
I checked on the native application of CQG (CQG Trader) and it has 10 deep while R-Trader had more than 20.

Thanks,
Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

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.
1 800 771 6748 local 561 367 8686 email [email protected]
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  #6 (permalink)
 tr8er 
Europe
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R-Trader, doesn't only show more than 20, R-Trader shows the entire order-book.

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  #7 (permalink)
ycomp
Europe-ish
 
Posts: 177 since Sep 2013
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Hello, what about CTS? Is it limited to 10 also?

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  #8 (permalink)
ycomp
Europe-ish
 
Posts: 177 since Sep 2013
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does the fact that CQG uses a new CME format for bundling volume together and Rithmic doesn't mean that a Volume Profile is more accurate with Rithmic? or does it not make any difference?

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  #9 (permalink)
 yoyotrader1 
COLUMBIA, SC USA
 
Experience: Beginner
Platform: Tradestation
Trading: emini
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Related question:
Rithmic wants 49/month just for their platform + the CME, other exchange fee.
Is there a way to use another more useful platform (e.g. Ninja) to avoid the Rithmic platform fee, and just pay for the data (10$ per month per exhcange)?

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  #10 (permalink)
 whuffo 
Dallas, TX USA
 
Experience: Intermediate
Platform: Sierra Charts
Broker: AMP
Trading: ES
Posts: 41 since Jan 2018
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yoyotrader1 View Post
Related question:

Rithmic wants 49/month just for their platform + the CME, other exchange fee.

Is there a way to use another more useful platform (e.g. Ninja) to avoid the Rithmic platform fee, and just pay for the data (10$ per month per exhcange)?



Check with your broker. AMP offers Rithmic for a minimum of $20 per month plus exchange fees. If you use Rithmic for order routing at their round turn rate of $0.50 then that credits against the minimum. That is, if you do 40 round turns a month then that satisfies the minimum and the data is essentially free. Other brokers may have something similar. Be aware that Rithmic does not support some exchanges and market internals data that CQG does. They do the majors for the US and Europe.



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