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Rithmic vs. CQG Question


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Rithmic vs. CQG Question

  #1 (permalink)
SpencerEng
Salt Lake City Utah USA
 
Posts: 10 since Dec 2013
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For those of you who've used both feeds, do you have a preference and why? The demo's I've tested seem like I get a faster fill using CQG, and the quotes seem to be coming in a tiny bit faster than Rithmic. In live trading is CQG and Rithmic comparable with fills? Does it matter what FCM's you use with the data feed?

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  #3 (permalink)
 
liquidcci's Avatar
 liquidcci 
Austin, TX
 
Experience: Master
Platform: ninjatrader, r-trader
Trading: NQ, CL
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I have used both with Ninja. You will not be able to visually tell any difference in speed. They both are fast to fast for human eye to determine anything. I had nothing but problems with CQG feed. I wanted to like it because of the server side OCO but to many disconnects. This may not be everyones experience but for me it was not good.

Rithmic has been rock solid. If you need speed you can colocate with Rithmic directly and are tied directly into their engine. When I say directly you are on same router with the engine. Its not cheap but is worth it.

I also would not rely on demos to tell you anything as demo may be slower.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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  #4 (permalink)
 
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 DavidHP 
Isla Mujeres, MX
Legendary Market Wizard
 
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Broker: Ninjatrader / Optimus Futures / AmpFutures
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liquidcci View Post
I have used both with Ninja. You will not be able to visually tell any difference in speed. They both are fast to fast for human eye to determine anything.

I disagree.
I can see the difference in the two feeds.
Especially on days like today (Fed Meeting release days)

All day the market has been slow.
Just before a Fed decision I always reboot my machine and restart NT.

I've noticed when the decision comes in there is a mass of data.
Just after the Fed announcement...
When I'm connected to CQG I get a lot of pausing and spurts of data and freezing.
When connected to Rithmic none of that exists.

I can connect to Rithmic and let it stream and get consistent data.
Then disconnect and connect to CQG and I get data then pauses then an ORANGE Connected from NT.
(That means it is still connected but not optimal)

If I disconnect and connect again to Rithmic, no data pauses.
Perhaps it is just my connection but it happens too often for me to think otherwise.

If I do a ping test I get consistent ping results with either connection to a third party IP address.

The slow down appears to only be between my NT and the CQG connection.

FWIW

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  #5 (permalink)
 
Jonson's Avatar
 Jonson 
Russia, St.Petersburg
 
Experience: Advanced
Platform: NinjaTrader, CQG Desktop
Broker: NinjaTrader/CQG
Trading: Futures
Posts: 247 since Jan 2011
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i use a rithmic and like it

* If investing gets too difficult for a seventh grader to understand, the system is needlessly complex
* Markets produce an enormous volume of information, much of which is redundant
* In every game and con there's always an opponent, and there's always a victim. The trick is to know when you're the latter, so you can become the former
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  #6 (permalink)
 
Jonson's Avatar
 Jonson 
Russia, St.Petersburg
 
Experience: Advanced
Platform: NinjaTrader, CQG Desktop
Broker: NinjaTrader/CQG
Trading: Futures
Posts: 247 since Jan 2011
Thanks Given: 218
Thanks Received: 118


SpencerEng View Post
For those of you who've used both feeds, do you have a preference and why? The demo's I've tested seem like I get a faster fill using CQG, and the quotes seem to be coming in a tiny bit faster than Rithmic. In live trading is CQG and Rithmic comparable with fills? Does it matter what FCM's you use with the data feed?

t4 feed - try it too

* If investing gets too difficult for a seventh grader to understand, the system is needlessly complex
* Markets produce an enormous volume of information, much of which is redundant
* In every game and con there's always an opponent, and there's always a victim. The trick is to know when you're the latter, so you can become the former
Reply With Quote
  #7 (permalink)
 
liquidcci's Avatar
 liquidcci 
Austin, TX
 
Experience: Master
Platform: ninjatrader, r-trader
Trading: NQ, CL
Posts: 866 since Jun 2011
Thanks Given: 610
Thanks Received: 1,091

@DavidHP I can't say I disagree with that. Typically it is almost impossible to see a feed difference with human eye. But under those circumstances where a lot of data is coming in I can see where would be easy to see. My experience with rithmic has personally been much better than CQG.


DavidHP View Post
I disagree.
I can see the difference in the two feeds.
Especially on days like today (Fed Meeting release days)

All day the market has been slow.
Just before a Fed decision I always reboot my machine and restart NT.

I've noticed when the decision comes in there is a mass of data.
Just after the Fed announcement...
When I'm connected to CQG I get a lot of pausing and spurts of data and freezing.
When connected to Rithmic none of that exists.

I can connect to Rithmic and let it stream and get consistent data.
Then disconnect and connect to CQG and I get data then pauses then an ORANGE Connected from NT.
(That means it is still connected but not optimal)

If I disconnect and connect again to Rithmic, no data pauses.
Perhaps it is just my connection but it happens too often for me to think otherwise.

If I do a ping test I get consistent ping results with either connection to a third party IP address.

The slow down appears to only be between my NT and the CQG connection.

FWIW


"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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  #8 (permalink)
 
Keen4Snow's Avatar
 Keen4Snow 
Destin, FL / EU (Brno, Czech Rep.)
 
Experience: Advanced
Platform: R|Trader, NinjaTrader, JForex
Trading: CL, NQ, TF, 6E
Posts: 20 since Apr 2010
Thanks Given: 2
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Jonson View Post
i use a rithmic and like it

what's your access time to Rithmic servers?
I've got under 60 ms from central Europe when using Europe gateway.
Good job...It used to be 140 ms using standard Chicago gateway.

RTrader/Window/Preferences/Performance/Ping

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  #9 (permalink)
 Theodutchtrader 
Maastricht, The netherlands
 
Experience: Beginner
Platform: Ninjatrader and Multicharts
Trading: ES,NQ.YM and dutch stocks
Posts: 15 since Nov 2011
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When you are a algo trader and you do trade the futures market you need CQG. CQG offers month of tick data rithmic offers only one day of tickdata.

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  #10 (permalink)
 
Jonson's Avatar
 Jonson 
Russia, St.Petersburg
 
Experience: Advanced
Platform: NinjaTrader, CQG Desktop
Broker: NinjaTrader/CQG
Trading: Futures
Posts: 247 since Jan 2011
Thanks Given: 218
Thanks Received: 118



Keen4Snow View Post
what's your access time to Rithmic servers?
I've got under 60 ms from central Europe when using Europe gateway.
Good job...It used to be 140 ms using standard Chicago gateway.

RTrader/Window/Preferences/Performance/Ping

hi
55 ms from central Europe

* If investing gets too difficult for a seventh grader to understand, the system is needlessly complex
* Markets produce an enormous volume of information, much of which is redundant
* In every game and con there's always an opponent, and there's always a victim. The trick is to know when you're the latter, so you can become the former
Reply With Quote




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