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AMP Futures and Mirus (NinjaTrader Brokerage as of June 30 2014), which one is better
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AMP Futures and Mirus (NinjaTrader Brokerage as of June 30 2014), which one is better

  #231 (permalink)
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Hi,

On AMP data feed page I read data from exchange. Is the data filtered or unfiltered?

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  #232 (permalink)
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torroray View Post
Hi,

On AMP data feed page I read data from exchange. Is the data filtered or unfiltered?

CQG, Zen-Fire, Rithmic and Kinetick are all unfiltered.

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  #233 (permalink)
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torroray's Avatar
 
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The free data.

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  #234 (permalink)
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  #235 (permalink)
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Market maker?

Interesting thread! It's very hard to find accurate info about brokers.

I read elsewhere (I cant still post URLS being new) that AMP is market maker.

Is this correct?
Mirus is market marker or has DMA?

Thanks


Last edited by rompetechos; May 9th, 2012 at 01:02 PM.
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  #236 (permalink)
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I got this reply from Mirus:

Thanks so much for your interest in Mirus Futures. Neither AMP nor Mirus Futures are market makers; we are brokerage firms. Mirus offers DMA through its technology partner, ZenFire.

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  #237 (permalink)
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rompetechos View Post
Interesting thread! It's very hard to find accurate info about brokers.

I read elsewhere (I cant still post URLS being new) that AMP is market maker.

Is this correct?
Mirus is market marker or has DMA?

Thanks

Not sure, but I think you're (or your source) is confusing Market Maker with FCM (Futures Commission Merchant), which AMP is. They clear through themselves.

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  #238 (permalink)
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What exactly does this mean?
How does this impact me?
Do the trades still go through the futures exchange ?
If not, is, or should it be, exactly the same price as the exchange ?
What about volume ?

Neil

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  #239 (permalink)
 Vendor: www.traderwerks.com 
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NW27 View Post
What exactly does this mean?

I am not sure what 'this' you are referring to, but I assume is that AMP 'trades through itself'

AMP Clearing and AMP Trading are different.

AMP Trading clears with AMP Clearing. Thats it.


NW27 View Post
How does this impact me?
Do the trades still go through the futures exchange ?
If not, is, or should it be, exactly the same price as the exchange ?
What about volume ?

Neil

Everything goes through the exchange.

Math. A gateway drug to reality.
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  #240 (permalink)
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alexandria
 
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AMP Futures, POOR CUSTOMER SERVICE


AMP has the worst customer service ever. Good on fees, etc. On several occassions, I only asked a simple question, like "has my wire transfer been completed" The guy was literally yelling and got upset. These guys must trade also. They must be losing a lot of money. I have dealt with some rude reps before, but not like this.

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