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MC has a nice feature whereby one can combine/merge data feeds so not too worried there, but as far as Sierra/Rithmic, I was unaware. Thanks for the info
Can you help answer these questions from other members on NexusFi?
Thank you again for your continued patience during the recent service interruption.
We are finalizing the setup of a new connectivity solution for our NinjaTrader users and expect to have additional details distributed shortly.
This solution will allow NinjaTrader users to resume trading their Mirus account through an alternative technology.
ZenFire order execution remains closed and we will be outlining how Mirus clients can convert to the new solution once it is available for your market data and order execution.
Please contact your broker here at Mirus or Mirus Support at 312.262.1288 with any questions you may have in the interim.
I am not qualified to elaborate since it's not my technology. That being said, I think its simply stated that their new infrastructure did not scale as they expected.
Mirus just may be a shell of a company that was doing just great as long as everything ticked along"pun not intended".
There is a reason that Mirus can't cope. They are miserably understaffed and those staffers are miserably underpaid.
Hard to answer the phone or emails when you have a couple wankers standing around. And for all this jive about the pieces and parts of this industry...that is the problem...too many pieces and parts that don't leave me with a feeling of confidence.
But I digress...I lost 280,000 bucks while doing business with PFG...only a fraction of which I have recovered. That left a hefty crap taste in my mouth so I don't put a lot of faith in the industry as a whole.
You get what you pay for most of the time...so bottom feeding for lower commissions at the discount broker is nothing more than a race to the bottom. The day of the free data is probably over and traders are going to have to pay much higher prices for the privilege of entering the markets....
I started out in this business paying 1400/month for a CQG Satellite feed in addition to paying 47.50/round turn on the S&P.
Lower cost of trading has surely allowed the masses permission to trade from their bedrooms, but there is a point of diminishing returns...and the Mirus debacle is a prime example of that point.
I hope you are at least looking to update Rithmic's API release you are using from an ancient 4.8.0.1 (which is a few years old) to a recent release? It surely works as is, but you know, they don't change revision numbers for no reason, and there have been MANY since the one you are using.
Brokers also have set a very bad precedence for customer behavior with margins as well. Low minimums, highest leverage and lowest day trading margins that makes customers churn themselves. Once they have accustomed to this behavior unlearning will be impossible for most. Also, everyone competes for the same software with lowest commissions, but you would think someone would ask also an intelligent question along the way "how well do you know your software?" "How well will you support this software? "Do you understand how to manage risk with this software?"
This is never asked and Most brokers get the software and their technical assistance ends at "Email "Name of TradingSoftware".
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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Source: NinjaTrader Version 7
Click on Operations and then on Historical & Real-Time Data.
Does anyone know what Rithmic will offer?
As I read, Rithmic does not offer historical tick data. What about the other types? Do we need a second datafeed like Kinetick for historical data then?
