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AMP Futures / AMP Global Review
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AMP Futures / AMP Global Review

  #111 (permalink)
Elite Member
barcelona (Spain)
 
Futures Experience: Intermediate
Platform: ninja.....
Favorite Futures: ES, eurex, forex.
 
Posts: 16 since Jul 2010
Thanks: 22 given, 4 received


trendwaves View Post
Be careful with that cost calculator for Rithmic at AMP. The calculator is not including the 0.25 cent/side Rithmic data fee. So for Rithmic you will need to add in 0.25 cent to the quote generated by the calculator. The data fee for CQG is 0.10 cent/side, so using CQG you save 30 cents per RT over Rithmic with Amp.

For comparison:

AMP using Rithimic / Ninja Direct for ES, NQ, TF = 1.91 / side + 0.25 / side (data fee) = 4.32 / RT

AMP using Rithimic / Ninja Direct for ES, NQ, TF, YM = 1.91 / side (routing fee waived) = $ 3.84 / RT <--- corrected per subsequent clarification in postings below.

AMP using CQG / Ninja Direct for ES, NQ, TF, YM = 1.91 / side + 0.10 / side (routing fee) = $ 4.04 / RT



AMP using Rithmic /Ninja Direct for.......? Are you sure? or you mean Ninja Standart? I think only CQG /Ninja Direct is avalaible just now

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  #112 (permalink)
Elite Member
Florida
 
Futures Experience: Advanced
Platform: NinjaTrader 8
Favorite Futures: YM, ES, NQ, CL, ZB
 
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Posts: 740 since Dec 2012
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santino View Post
AMP using Rithmic /Ninja Direct for.......? Are you sure? or you mean Ninja Standart? I think only CQG /Ninja Direct is avalaible just now

For clarification, I am simply trying to sort through my possible options with respect to being forced to move my trading from Mirus to a yet to be determined new home. I don't have an account with AMP, but am giving them equal consideration along with several other broker options. The threads on futures.io (formerly BMT) have been a tremendous help in my learning curve with respect to brokers and technologies that I have never worked with in the past.

My statement was based solely on the AMP Cost Calculator which does give the choice of NinjaTrader Direct or Standard Editions when I select Rithmic as the Data Feed. I had always selected Direct just to keep things simple (since it is Free). When I select Standard on the calculator the commission rate remains the same at $1.91. My assumption is in either case, Direct or Standard, the commission rate should be the same (not including TT Static DOM credits for the Standard Edition). So, No I am not sure if NinjaTrader Direct Edition is available for the new AMP/Rithmic Data Feed.

I spoke on the phone with an AMP broker on Tuesday, and was told to call back in a few days because they didn't have any information on the AMP/Rithmic technology being released when I tried to ask some specific questions about it. I called back on Thursday and was apparently given wrong information, which I posted up thread and had to later retract based on more accurate information provided here by several knowledgeable AMP clients posting here. Maybe the AMP brokers should read this thread before answering any more questions on the phone

AMP Cost Calculator

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  #113 (permalink)
Banned: Duplicate users/proxy servers
Australia
 
Futures Experience: None
Platform: Paper
Broker/Data: Mirus/Zen
Favorite Futures: TF
 
Posts: 48 since Feb 2011
Thanks: 34 given, 32 received



MoscowOnHudson View Post
I just don't like that the TT Ninja combo doesn't have historical data, so even at the lower cost and free EUREX data, I "can't" really analyse the market from it, so I prefer executing with CQG even due to the slightly higher cost.

But you do get some backfill when using X_Trader, right?

trendwaves View Post
Can anyone confirm the new AMP/Rithmic server also provides historical tick data for NinjaTrader charts ?

Rithmic does not provide any tick backfill, there is simply no functionality for that in their API (though they provide minute bars for active contracts). So if you get any tick backfill on Rithmic with NT, it must be coming from NT, as Steve2222 says.

santino View Post
I think only CQG /Ninja Direct is avalaible just now

This is my understanding too.

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  #114 (permalink)
Elite Member
London
 
Futures Experience: Advanced
Platform: NinjaTrader, Metatrader, MarketDelta
Broker/Data: AMP/CQG
Favorite Futures: 6E, ES, FGBL
 
Posts: 27 since Apr 2012
Thanks: 21 given, 19 received

First day live on AMP. No complaints whatsoever.

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  #115 (permalink)
Elite Member
@ Germany
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: FDAX
 
Posts: 436 since Nov 2011
Thanks: 245 given, 366 received

AMP Clearing Customer Portal

Hello,

i want to know if AMP (Clearing) provide a good customer portal with common features like trade history, downloadable statements, some statistics, withdrawel mgmt and such stuff? Can anybody make some anonymised screenshots of that. I haven't seen one post about that topic so far. So the question is whats "good". My Definition: RCG very very poor - Velocity excellent. I hope AMP is in between.

Thanks Koepisch

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  #116 (permalink)
Elite Member
Cedar Rapids, iowa
 
Futures Experience: Intermediate
Platform: Ninjatrader
Broker/Data: Ninjatrader - Continuum
Favorite Futures: 6E, TF, 6J
 
Tasker_182's Avatar
 
Posts: 626 since Aug 2009
Thanks: 425 given, 1,125 received

Amp Portal, such as it is


Koepisch View Post
Hello,

i want to know if AMP (Clearing) provide a good customer portal with common features like trade history, downloadable statements, some statistics, withdrawel mgmt and such stuff? Can anybody make some anonymised screenshots of that. I haven't seen one post about that topic so far. So the question is whats "good". My Definition: RCG very very poor - Velocity excellent. I hope AMP is in between.

Thanks Koepisch

I think i already posted about this somewhere, regardless, the portal is low in content. Sorry no screenshots. There is no trading history, there are no downloadable statements. It is pretty bare.
You can reconfigure your account/platform/data feed as they have many choices.
You can create sub accounts.
You can perform withdrawal requests.
You can transfer funds to FXCM.

Regardless of the portal, I automatically get daily trade statements, monthly trade statements and tax statement e-mailed to me.

"Money is better than poverty, if only for financial reasons." - Woody Allen
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  #117 (permalink)
Trading for Profit
new york
 
Futures Experience: Intermediate
Platform: X Trader, Sierra Charts, Multicharts
Broker/Data: AMP/TT, Vision/Rithmic, AMP/CQG
Favorite Futures: CL, NG, gold
 
Posts: 355 since Mar 2012
Thanks: 665 given, 569 received

Concerning AMP
no the trade history and account activity will be in pdf format sent daily, monthly.
I cannot view these things in the portal.
Only overview of balances in trading account, but no online viewing of detailed activity.

It is the same for me at Vision financial.
not much in the client portal. that is not through a broker though.

These things don't matter to me. The statements are emailed to me without a glitch and that's fine.
PDF on the computer, print a hard copy and file.

Trade history detailed reports I find to be dependent on the platform.

With Sierra chart and TT amp, I cant even see my account balance from within the platform ! what in the hell is that ?
Ridiculous if you ask me.

Ninja ? all details readily available and also with Multicharts.

I would think these things should be viewable easily in an online portal also.
My main clearing account is at TD Ameritrade and the account information available at every level is unbeatable.

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  #118 (permalink)
Elite Member
@ Germany
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: FDAX
 
Posts: 436 since Nov 2011
Thanks: 245 given, 366 received

CQG Server Routing Europe

Can anybody confirm that if you are using Ninjatrader with CQG (and AMP of course) the datafeed / execution is routed to the CQG server in london? As i know the broker have to set the NEW cqg server ip manually via license or ??? .

Thanks Koepisch

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  #119 (permalink)
Banned: Previous banned dupe
Pergatory
 
Futures Experience: Beginner
Platform: Smoke signals
Broker/Data: Two cans on a string
Favorite Futures: Drums
 
patidar's Avatar
 
Posts: 117 since Jan 2014
Thanks: 151 given, 99 received

Concerning AMP,

watch your commisions,fees that they charge. What they say and what they do is two different things.

In the past they were charging me RT of 6.57 for CL trading, they never gave me a refund for the

'miscalculation' and I just let if go. I was new then with them and wasnt trading that much.,so the amountwas not large.

Its the principle! and law.

BEWARE,as I watch daily what they do.

Their customer service has improved drastically for the better though,with the chat box etc.

Might also be the fallout of Mirus and they are grabbing customers along with Corzine fiasco
few years ago. So its good for all.

I see they have been banned here, dont want to know the soap opera....sick of soap operas at all levels in life,could care less.

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  #120 (permalink)
Elite Member
Cedar Rapids, iowa
 
Futures Experience: Intermediate
Platform: Ninjatrader
Broker/Data: Ninjatrader - Continuum
Favorite Futures: 6E, TF, 6J
 
Tasker_182's Avatar
 
Posts: 626 since Aug 2009
Thanks: 425 given, 1,125 received



patidar View Post
Concerning AMP,

watch your commisions,fees that they charge. What they say and what they do is two different things.

In the past they were charging me RT of 6.57 for CL trading, they never gave me a refund for the

'miscalculation' and I just let if go. I was new then with them and wasnt trading that much.,so the amountwas not large.

Its the principle! and law.

BEWARE,as I watch daily what they do.

Their customer service has improved drastically for the better though,with the chat box etc.

Might also be the fallout of Mirus and they are grabbing customers along with Corzine fiasco
few years ago. So its good for all.

I see they have been banned here, dont want to know the soap opera....sick of soap operas at all levels in life,could care less.


Doesn't matter who your broker is, always watch your daily statements, it is a "job requirement" according to my boss (who is ME!).

"Money is better than poverty, if only for financial reasons." - Woody Allen
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