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Rithmic vs AMP/CQG
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Rithmic vs AMP/CQG

  #21 (permalink)
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AMP Trading View Post
What is MCDT? Market Delta?

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  #22 (permalink)
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torroray View Post
is it possible to use CQG feed with MCDT?

No, CQG is not supported.

Supported Data Feeds

You can vote up this request:

MultiCharts Project Management - Issue MC-561 - CQG as data source

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  #23 (permalink)
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CQG vs. Rithmic


I'm currently using Rithmic and do experience periodic slippage.. My most recent experience is confirmed with IQ Feed that the execution/slippage was not possible with the time reported. I'm seriously considering a switch to CQG due to this but I have heard Rithmic is likely faster than CQG.. The slippages typically occur on CL and not ES being a faster market.. My Rithmic is not with AMP though not sure if that will matter with the types of executions you get from Rithmic..

My question is has anyone experienced slippage problems with CQG? It seems like nobody is having slippage issues with CQG..

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  #24 (permalink)
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Jedi View Post
I'm currently using Rithmic and do experience periodic slippage.. My most recent experience is confirmed with IQ Feed that the execution/slippage was not possible with the time reported. I'm seriously considering a switch to CQG due to this but I have heard Rithmic is likely faster than CQG.. The slippages typically occur on CL and not ES being a faster market.. My Rithmic is not with AMP though not sure if that will matter with the types of executions you get from Rithmic..

My question is has anyone experienced slippage problems with CQG? It seems like nobody is having slippage issues with CQG..

Jedi, did the slippage occur on Stop Order, Market orders and how much was the slippage on the instruments described? What you describe could also be a latency issue as well.

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  #25 (permalink)
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mattz View Post
Jedi, did the slippage occur on Stop Order, Market orders and how much was the slippage on the instruments described? What you describe could also be a latency issue as well.

Matt

It was limit orders on my entries.. I experience this from time to time but its usually small.. This time it appears to be way off from IQ Feed.. I can easily switch to CQG which my broker provides but I hear Rithmic might be faster.. I looked around BM and didn't find any complaints about CQG with anything, but some mixed reviews with Rithmic so I'm thinking of trying it out..

About 4 ticks this time, but I occasionally experience 2 tick slippages from what I see on the DOM though that can play tricks on your eyes..

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  #26 (permalink)
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Jedi View Post
It was limit orders on my entries.. I experience this from time to time but its usually small.. This time it appears to be way off from IQ Feed.. I can easily switch to CQG which my broker provides but I hear Rithmic might be faster.. I looked around BM and didn't find any complaints about CQG with anything, but some mixed reviews with Rithmic so I'm thinking of trying it out..

About 4 ticks this time, but I occasionally experience 2 tick slippages from what I see on the DOM though that can play tricks on your eyes..

You cannot compare IQFeed to CQG or Rithmic in terms of execution or latency. You cannot use this as a way of measuring slippage.

See:
https://futures.io/brokers-data-feeds/22585-unfiltered-data.html#post254477

Mike

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  #27 (permalink)
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Jedi View Post
It was limit orders on my entries.. I experience this from time to time but its usually small.. This time it appears to be way off from IQ Feed.. I can easily switch to CQG which my broker provides but I hear Rithmic might be faster.. I looked around BM and didn't find any complaints about CQG with anything, but some mixed reviews with Rithmic so I'm thinking of trying it out..

About 4 ticks this time, but I occasionally experience 2 tick slippages from what I see on the DOM though that can play tricks on your eyes..

You experienced 4 ticks of slippage on a limit order? If you were trading some size and had 4 ticks slippage on a market exit, I'd understand. But if you experienced 4 ticks of slippage on a limit entry that's a serious issue - regardless of your data feed.

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  #28 (permalink)
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Big Mike View Post
You cannot compare IQFeed to CQG or Rithmic in terms of execution or latency. You cannot use this as a way of measuring slippage.

See:
https://futures.io/brokers-data-feeds/22585-unfiltered-data.html#post254477

Mike

Its possible.. but according to IQ Feed, the execution price was not possible unless it was 4 minutes prior or about 15 minutes after so that's a bit much.. I don't know all the technicals that goes behind this but it does make me wonder if a switch to CQG might change what I might experience with my perceptions of this..

Anyone have a preference between Rithmic and CQG order execution platform?

The cost is about the same which is nominal unless you use CQG charting which gets very expensive.. Currently I use IQ Feed which is much more cost effective..

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  #29 (permalink)
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timefreedom View Post
You experienced 4 ticks of slippage on a limit order? If you were trading some size and had 4 ticks slippage on a market exit, I'd understand. But if you experienced 4 ticks of slippage on a limit entry that's a serious issue - regardless of your data feed.

It was an order for 3 contracts on CL.. I thought that was serious slippage but I heard Rithmic is one of the fastest execution platforms available and might even be faster than CQG. But I have also heard other traders say CQG is likely the better OE platform.. I'd like to hear some input from users.. It seems like nobody has any issues at all with CQG..

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  #30 (permalink)
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Jedi View Post
Its possible.. but according to IQ Feed, the execution price was not possible unless it was 4 minutes prior or about 15 minutes after so that's a bit much.. I don't know all the technicals that goes behind this but it does make me wonder if a switch to CQG might change what I might experience with my perceptions of this..

Anyone have a preference between Rithmic and CQG order execution platform?

The cost is about the same which is nominal unless you use CQG charting which gets very expensive.. Currently I use IQ Feed which is much more cost effective..

If you are "eye balling" IQFeed to determine what you are calling "slippage", that will not work. IQFeed will always be slower than Rithmic or CQG because of the nature of the service and what information they deliver. You cannot use it to determine slippage.

You need to list some specifics. Exactly what instrument, exactly what time was the execution hh:mm:ss (and time zone), what was your limit price, and what was your fill price?

If there are no prints for your fill price near your entry, then your broker should be able to very clearly identify what happened and offer corrective action.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

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