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

  #41 (permalink)
Elite Member
seoul, Korea
 
Futures Experience: Intermediate
Platform: Multicharts
Broker/Data: CQG, DTN IQfeed
Favorite Futures: YM 6E
 
treydog999's Avatar
 
Posts: 893 since Jul 2012
Thanks: 291 given, 1,001 received


paulg View Post
Simply ask them to rectify the commissions / margins. Also account size can make a difference in your options to get better commissions, according to the AMP Cost Calculator
Also note that most of the broker feeds has maintenance period and it' could be on Sundays.
About losing historical data, this depends which data you are talking about: if they are realtime indicators calculated on historical bid/ask then it depends on software and backfill datafeed. CQG feed provided by AMP could not be the best solution in order to obtain that kind of service.
If, instead, the issue is about Multicharts, then it's better if you contact that TSSupport. Also you may need to update the latest CQG MAPI module (ask for the specific procedure for the update).
Hope this helps.

The problem with the data has been fixed. I asked them over the phone if i could get a refund on the commissions, in so many words they said no.

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  #42 (permalink)
 Vendor: www.traderwerks.com 
Taipei Taiwan
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus
Favorite Futures: TW
 
Posts: 693 since Jun 2009
Thanks: 440 given, 440 received


paulg View Post
Simply ask them to rectify the commissions / margins. Also account size can make a difference in your options to get better commissions, according to the AMP Cost Calculator
Also note that most of the broker feeds has maintenance period and it' could be on Sundays.
About losing historical data, this depends which data you are talking about: if they are realtime indicators calculated on historical bid/ask then it depends on software and backfill datafeed. CQG feed provided by AMP could not be the best solution in order to obtain that kind of service.
If, instead, the issue is about Multicharts, then it's better if you contact that TSSupport. Also you may need to update the latest CQG MAPI module (ask for the specific procedure for the update).
Hope this helps.

Please notice that when their calculator says the Euro 6E is $4.44 R/T, they will add an extra $1 for 'clearing' that other brokers do not add so you will end up paying $5.55 R/T. Usually the CME clearing fee is about $0.06 which you also pay.

Math. A gateway drug to reality.
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  #43 (permalink)
~R!$K~
Volcano, HI
 
Futures Experience: None
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Futura2000
 
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Posts: 186 since Dec 2009
Thanks: 379 given, 130 received



traderwerks View Post
Please notice that when their calculator says the Euro 6E is $4.44 R/T, they will add an extra $1 for 'clearing' that other brokers do not add so you will end up paying $5.55 R/T. Usually the CME clearing fee is about $0.06 which you also pay.

I pay $2.32 a side and I don't have that 1$ charge you speak of. Can you provide more info.

Thanks.

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  #44 (permalink)
 Vendor: www.traderwerks.com 
Taipei Taiwan
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus
Favorite Futures: TW
 
Posts: 693 since Jun 2009
Thanks: 440 given, 440 received


dakine View Post
I pay $2.32 a side and I don't have that 1$ charge you speak of. Can you provide more info.

Thanks.

You probably have a better deal than me

This is cut from my statement trading 2 R/T 6B

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Code
Exchange    6.40
NFA         0.08
Clearing    2.00
CQF TRF     0.40
Commission  2.00
-----------------
          $10.88
$10.88 for 2 R/T so $5.44 per round trip.

The clearing fee is $0.50 per side so a round trip is $1.00.


And it was $5.44, not $5.55. My bad. Typo.

Math. A gateway drug to reality.
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  #45 (permalink)
Elite Member
Detroit, MI.
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
Posts: 11 since Oct 2012
Thanks: 9 given, 2 received

Just opened an account with AMP

I was wondering about the reliability of TICK data... (CQG - Ninja) I use it for entry and my TOS platform differs significantly. TOS seems to be more accurate for this purpose..

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  #46 (permalink)
Site Administrator
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Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
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  #47 (permalink)
Elite Member
vienna/vienna
 
Futures Experience: Advanced
Platform: ninja trader, fusion, TOS
Favorite Futures: Stocks, Futures
 
Posts: 40 since Apr 2012
Thanks: 8 given, 15 received

in the beginning i had some problems with AMP futures.
after a litte bit of raging and complaining, everything is fine now.

its all about communication. the guys from AMP are sometimes a little bit slow but i give them a 8 out of 10

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  #48 (permalink)
Elite Member
vienna/vienna
 
Futures Experience: Advanced
Platform: ninja trader, fusion, TOS
Favorite Futures: Stocks, Futures
 
Posts: 40 since Apr 2012
Thanks: 8 given, 15 received


BWhite88 View Post
I was wondering about the reliability of TICK data... (CQG - Ninja) I use it for entry and my TOS platform differs significantly. TOS seems to be more accurate for this purpose..

CQG is a top datafeed... thats the reason why i choosed AMP (and about the cheap commisions).

i also use TOS, it hase the same accuracy as CQG. the problem with TOS is, that the plattform is sometimes delayed (becaus of that stupid javascript language).

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  #49 (permalink)
Elite Member
Moscow Russia
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: futures
 
Posts: 127 since Apr 2012
Thanks: 44 given, 50 received

AMP clearing

Does anyone know who clears AMP futures? They are not CME clearing member, so i wonder through whom they clear CME products?

Thanks!

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  #50 (permalink)
Elite Member
Cedar Rapids, iowa
 
Futures Experience: Intermediate
Platform: Ninjatrader
Broker/Data: Ninjatrader - Continuum
Favorite Futures: 6E, TF, 6J
 
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Posts: 626 since Aug 2009
Thanks: 424 given, 1,123 received



snusnufreak View Post
Does anyone know who clears AMP futures? They are not CME clearing member, so i wonder through whom they clear CME products?

Thanks!

They are their own clearing merchant.

NinjaTrader | AMP Global Clearing (FCM)

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