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Experience with Velocity Futures?
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Experience with Velocity Futures?

  #171 (permalink)
Elite Member
Honolulu, Hawaii
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: ATC/TT, AMP/Zen-Fire, AMP/CQG
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bluemele's Avatar
 
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sysot1t View Post
your profile shows AMP/CQG... which is only via NT7... so why not enter an order and let us know how it goes? other than that, with CQGT/IC that is what it means..

Yes, that is what I am switching over to. Haven't finished setting up the account. Still testing the datafeed etc.. I figured you guys would know more quickly. Thanks.

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  #172 (permalink)
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bluemele View Post
Yes, that is what I am switching over to. Haven't finished setting up the account. Still testing the datafeed etc.. I figured you guys would know more quickly. Thanks.


just put a limit or sell/buy stop far away from the current market on ES ... close NT7... then restart and see if they are still there... that will show you..

I dont use NT7, so I cant answer it.... but I did mentioned already that CQGT/IC do..

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  #173 (permalink)
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Futures Experience: Advanced
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sysot1t View Post
that is exactly what I was thinking... which is why I am rushing to test it.. ...I am opening another account to see what it is like... will let you know what I find out as I make the time to play with it.. on details were really on the website, the other option is to get an explanation from the reps on the forum...

Yes, please keep me updated!

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  #174 (permalink)
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Futures Experience: Advanced
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zer0 View Post
FYI: CQG Trader API != CQG API. I'm not sure precisely how they differ, but they are not the same. This may or may not impact those MATLAB plans, depending on what is left out in the CQG Trader API when compared to the CQG API.

Yes, I was afraid there were some differences -- I'll guess we have to wait for @sysot1t 's report...

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  #175 (permalink)
 Vendor: www.cqg.com 
Denver, CO
 
Futures Experience: None
Platform: CQG IC, CQG, CQGTrader
Favorite Futures: ES
 
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Big Mike View Post
If I recall correctly from the last CQG webinar on futures.io (formerly BMT), all CQG orders are server side. That means they are at the Exchange where possible, and otherwise at the gateway or CQG servers -- and never solely on the client.

Velocity or can confirm, or perhaps CQG's @yshterk.

Mike

It is a bit too late but as a final confirmation - yes, OCO, Trailings and DomTriggerred orders are all server side with CQG. And, as was mentiond before, CQG servers are all colocated next to the appropriate exchanges.
The same goes to the Spreading and Aggregation functions, they all are server side. But Spreader and Aggregation only available with CQG Integrated Client.

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  #176 (permalink)
 Vendor: www.cqg.com 
Denver, CO
 
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Lornz View Post
Yes, I was afraid there were some differences -- I'll guess we have to wait for @sysot1t 's report...

CQGT API will provide access to real time data and trading functionality. There is no historical data available via this API, just like there are no charts in CQGTrader.

CQG IC API provides access to real time, trading and historical. You have access to as much history as your CQG IC has access to (so, in largest case it will be over 11 years of tick data and 50+ years of daily bars). You also have access to CQG studies, conditions and Trading Systems.

We also had built an adapter from CQG IC API into MatLab, so if Matlab is your final destination you already have code you can use to get real time and historical data flowing into Matlab and some samples to accept trading signals from there.

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  #177 (permalink)
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yshterk View Post
CQGT API will provide access to real time data and trading functionality. There is no historical data available via this API, just like there are no charts in CQGTrader.

CQG IC API provides access to real time, trading and historical. You have access to as much history as your CQG IC has access to (so, in largest case it will be over 11 years of tick data and 50+ years of daily bars). You also have access to CQG studies, conditions and Trading Systems.

We also had built an adapter from CQG IC API into MatLab, so if Matlab is your final destination you already have code you can use to get real time and historical data flowing into Matlab and some samples to accept trading signals from there.

thanks that saves me having to play with it...

so from what you are saying, CQGT API wont tie into MatLab... or are you saying the adapter today for MatLab exists only on CQGIC and it would require mods?

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  #178 (permalink)
 Vendor: www.cqg.com 
Denver, CO
 
Futures Experience: None
Platform: CQG IC, CQG, CQGTrader
Favorite Futures: ES
 
Posts: 28 since Oct 2010
Thanks: 15 given, 23 received


sysot1t View Post
thanks that saves me having to play with it...

so from what you are saying, CQGT API wont tie into MatLab... or are you saying the adapter today for MatLab exists only on CQGIC and it would require mods?

CQGTrader API and CQG IC API use exactly the same data model, so if you develop software for one it will work for another as long as it uses functionality supported. That means that as long as you limit your usage of MatLab to real time data import into Matlab and trade signals out of Matlab our samples will work fine.

Usually people pay high price for Matlab because they want to have a way to play with historical data and monitor correlations and statistical models, that is why CQG is positioning Integrated Client as more acceptable product here. But CQGTrader should work as well.

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  #179 (permalink)
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Just a follow-up regarding the recent MF Global bankruptcy. Received this today from Velocity:


Quoting 
We understand that there may be fear or surprise among the futures and commodities trading community today arising from today’s breaking news that FCM MF Global is allegedly considering a possible filing for bankruptcy.

Understanding that concern, Velocity Futures, LLC wanted to let our customers know that we have no clearing business or other relationship with MF Global. None of our customers’ funds or our own are placed with MF Global as a custodian or in any other capacity.

We would also like to take this opportunity to remind you that Velocity is one of the only FCM's today that does not engage in any business other than the processing of trades for Futures and Commodity Customers. We have no proprietary trading, no customer trading authorization, no exposure to mortgage backed securities, and no exposure to European debt.

Thank you for your business.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

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  #180 (permalink)
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?our money?



yshterk View Post
CQGTrader API and CQG IC API use exactly the same data model, so if you develop software for one it will work for another as long as it uses functionality supported. That means that as long as you limit your usage of MatLab to real time data import into Matlab and trade signals out of Matlab our samples will work fine.

Usually people pay high price for Matlab because they want to have a way to play with historical data and monitor correlations and statistical models, that is why CQG is positioning Integrated Client as more acceptable product here. But CQGTrader should work as well.

@yshterk I am about to open another futures account. I have wondered about this from day 1. Maybe my question is better answered by reading the brokers financial statement. My question is: what do you brokers do with our excess money that is in our accounts? I am sure that the use of our money is considered in the commissions and fees. I guess their is no fiduciary relationship between the broker and the customer. But what to you do with it? Where is it really located? Does our money circle the globe at night strengthening the reserves on paper for these zombie banks? Or what? Thanks Tiberius


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