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CQG or ZenFire...whats the difference? Anyone have any suggestions?
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CQG or ZenFire...whats the difference? Anyone have any suggestions?

  #41 (permalink)
Trading Apprentice
Daytona Beach, FL
 
Futures Experience: Advanced
Platform: NinjaTrader, Gnuplot
Broker/Data: AMP Futures/CQG, Kinetick
Favorite Futures: ES, NQ, YM
 
Headstrung's Avatar
 
Posts: 8 since May 2012
Thanks: 1 given, 7 received

After using both feeds I would say they are pretty similar. I have used CQG much more and have never had any issues with data or execution. I believe there are a couple of videos of the two feeds side-by-side in real time. As far as speed they seem very close but many factors come into play, mainly the quality of your connection to their servers. An other consideration when dealing with feeds would be reliability. In my opinion CQG is the one to go with, it has never let me down.

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  #42 (permalink)
Trading Apprentice
Valletta, Malta
 
Futures Experience: Intermediate
Platform: Proprietary
Favorite Futures: Currency futures
 
Posts: 26 since Aug 2012
Thanks: 1 given, 14 received

Just a small note: Rithmic (and presumably Zenfire) data IS sent compressed over the Internet (this is transparent to the platform).
I don't know about CQG: in case theirs is not, you couldn't compare the amount of data you see over Internet connection. Anyway, for what I can understand, nobody has done this, you have compared the number of ticks, right?
Hope this can help anyway

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  #43 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
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Bump


...just gauging the latest opinions in this comparison.

I just switched back to Zen to see if the re-connect times are quicker...


AJ
Nashville, Tennessee


"Life On The Edge of SR"
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  #44 (permalink)
waverider
Sydney
 
Futures Experience: Advanced
Platform: NinjaTrader; TWS
Broker/Data: Kinetick, IB
Favorite Futures: US Stocks, FX, Futures
 
Posts: 45 since Dec 2009
Thanks: 28 given, 6 received

CQG versus Zenfire

Hi All,

I'm looking at moving from Mirus to AMP in order to use CQG (no inactivity fee, zenfire does seem to get stuck around news, CQG has more exchanges on offer I think).

However, can someone confirm that CQG historic data is the same / similar to zenfire. Will charting work in Ninja basically the same way that it did under ZenFire?

Also, someone mentioned a web portal to access CQG. I don't suppose there is a way to manage this scenario?:

- Place an order in Ninja
- Go to the web portal and somehow 'adjust' the order so that stops and targets AND OCO's rest on the server
- I could then turn Ninja off and my orders AND THE OCOs would remain on the server

I'm really surprised that there is not a cleaner option for people who want to use these data fees, and Ninja, but want OCOs to reside on the server.. Especially for swing traders right ?

THANKS

wave

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  #45 (permalink)
Elite Member
Sydney Australia
 
Futures Experience: Advanced
Platform: SierraCharts, NT
Favorite Futures: ES,TF,CL, SPI,
 
Posts: 78 since Nov 2010
Thanks: 6 given, 23 received

you can call the trade desk with your instructions
you need to have a decent connection to where you trade from(cable v3) and a good computer then:

CQG is a superior connection for people in Australia, solid, fast and very detailed(tonnes of ticks), includes aussie SPI, from AMP and the commission is cheap; perhaps a few cents off the cheapest but who cares if it works; and margins are low.
With OCO on the server - you need to check yourself, I do not use it.
What do you trade?
Good luck


Last edited by dlatbm; September 13th, 2013 at 03:12 AM. Reason: typos and extra info
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  #46 (permalink)
Elite Member @ Ibiza
Ibiza. Spain
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG
Favorite Futures: CL
 
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Posts: 72 since Jul 2012
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CQG or ZenFire...whats the difference? Anyone have any suggestions?

Hi,



yshterk View Post
There was also a question on OCO orders and where they are being help - client or the server side. The answer is - on the server. CQG trade routing server will hold all of the OCO orders, so no matter what happens with client computer or network from client to the server side the OCO chains will continue to function.
BTW, you can OCO orders together that belong to different markets, not only limit and stops like was shows during the webinar. You also can build larger chains of OCO, so they are not limited to 2 orders only.


https://futures.io/cqg/12505-webinar-cqg-trading-platform-august-3-2011-a-2.html


Last edited by noyss; September 14th, 2013 at 05:02 AM.
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  #47 (permalink)
Elite Member @ Ibiza
Ibiza. Spain
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG
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Posts: 72 since Jul 2012
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After send an OCO order with profit and stoploss, turn off my computer, the price cross my profit order and didn't close the position, so CQG doesn't send the OCO orders to the server. If you have an order, make sure to close it before stop Ninjatrader. Such a pitty, but CQG doesn't allow with AMP. Maybe you need to contract this service...

Please, inform us about if you have more info

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  #48 (permalink)
~R!$K~
Volcano, HI
 
Futures Experience: None
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Futura2000
 
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Posts: 188 since Dec 2009
Thanks: 379 given, 131 received

I do not believe this is correct. Did you have some kind of order rejection that may have caused this to happen or was this before CQG implemented serve side OCO?

NinjaTrader Advisory 13

I have also tried the web portal but I would not suggest using it. It feels very old and outdated...


noyss View Post
After send an OCO order with profit and stoploss, turn off my computer, the price cross my profit order and didn't close the position, so CQG doesn't send the OCO orders to the server. If you have an order, make sure to close it before stop Ninjatrader. Such a pitty, but CQG doesn't allow with AMP. Maybe you need to contract this service...

Please, inform us about if you have more info


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  #49 (permalink)
Elite Member
Denver, CO
 
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waverider View Post
Hi All,


However, can someone confirm that CQG historic data is the same / similar to zenfire. Will charting work in Ninja basically the same way that it did under ZenFire?

It will work the same way, NinjaTrader historical data servers are used for both Zen-Fire and CQG.


waverider View Post
- Place an order in Ninja
- Go to the web portal and somehow 'adjust' the order so that stops and targets AND OCO's rest on the server
- I could then turn Ninja off and my orders AND THE OCOs would remain on the server

There is no need to adjust orders from a web portal. By default, NinjaTrader submits stop loss/target orders as OCO. Both orders are at the exchange but the OCO logic is run at the server level.

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  #50 (permalink)
~R!$K~
Volcano, HI
 
Futures Experience: None
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Futura2000
 
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Posts: 188 since Dec 2009
Thanks: 379 given, 131 received


@NinjaTrader, Not saying I would do this but if I had an ATM with OCOs active I can shut down NT and everything would work like normal? I could then just start NT and see my position flat if it was filled, target or stop?

Thanks


NinjaTrader View Post
It will work the same way, NinjaTrader historical data servers are used for both Zen-Fire and CQG.



There is no need to adjust orders from a web portal. By default, NinjaTrader submits stop loss/target orders as OCO. Both orders are at the exchange but the OCO logic is run at the server level.


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