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AMP Futures / AMP Global Review

  #461 (permalink)
 
forgiven's Avatar
 forgiven 
Fletcher NC
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i have used them on and of for 9 years . there is always some kind of problem that is a pain in the ass to fix. if your using CQG data for order execution and to run your charting ...the slippage is a lot more than the pennies you save on a round trip. quit looking for a bargain ...there not it ..

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  #462 (permalink)
 
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 josh 
Georgia, US
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I have used them for 6 months now, and have generally been satisfied with them. About 3-5 times I have experienced market data lagging; that is, the market moves fast, I place a limit to buy/sell, and am immediately filled even though the market appears to be far away from my entry. To be fair, others on a different data feed also experienced this lag. This was on CQG data, and I am unsure as to whether the issue would have occurred on the TT/Rithmic/CTS.

I would recommend them, overall. They are the only clearing firm I know of where I can get the mini nikkei and hang seng contracts.

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  #463 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
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josh View Post
........ About 3-5 times I have experienced market data lagging; that is, the market moves fast, I place a limit to buy/sell, and am immediately filled even though the market appears to be far away from my entry. ........... This was on CQG data, ..........
I would recommend them, overall. They are the only clearing firm I know of where I can get the mini nikkei and hang seng contracts.

Hi Josh,
Was the data lag on the Nikkei or HKEX? Or what is it some other exchange?

I have not noticed any data lag with the HKEX in December and I live in New Zealand.

CQG feeding SC with AMP as broker.

Have been with AMP for probably at least 10 years now and I too would highly recommend.

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
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  #464 (permalink)
 
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 josh 
Georgia, US
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steve2222 View Post
Hi Josh,
Was the data lag on the Nikkei or HKEX? Or what is it some other exchange?

I have not noticed any data lag with the HKEX in December and I live in New Zealand.

CQG feeding SC with AMP as broker.

Have been with AMP for probably at least 10 years now and I too would highly recommend.

Hi Steve,
Same setup as you (CQG, SC, AMP) -- the data lag was CME data (ES). I have not had any data lag issues during the asia session at all.

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  #465 (permalink)
 Cloudy 
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Same here. I've been with them for about seven years. And also saw a few of those occasional uncharacteristic lags during the past year otherwise it's been great. I hope it doesn't get worse becoming like the zenfire/downfall of mirus, fiasco.

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  #466 (permalink)
 Cloudy 
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Anyone else get this notice from AMP?

https://support.ampglobal.com/hc/en-us/articles/360045232634-CME-Monthly-Data-Fee-Increase-Effective-April-1-2020


As a result my monthly data fees /w lvl 2 cme bundle went up to $31/month, $16 more per month from $15/month.

I haven't seen a mention of this increase on TDA or Ironbeam. Also, I checked the CME group site, and there
seems to be no mention unless I missed it. There was also a transaction fee increase on Feb. 1 where AMP said it
was also due to CME fee increases and passed along, here: https://support.ampglobal.com/hc/en-us/articles/360042763013-CME-Exchange-Fee-Increase-Effective-February-1-2020

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  #467 (permalink)
 
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 ninjus 
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Cloudy View Post
Anyone else get this notice from AMP?

https://support.ampglobal.com/hc/en-us/articles/360045232634-CME-Monthly-Data-Fee-Increase-Effective-April-1-2020


As a result my monthly data fees /w lvl 2 cme bundle went up to $31/month, $16 more per month from $15/month.

I haven't seen a mention of this increase on TDA or Ironbeam. Also, I checked the CME group site, and there
seems to be no mention unless I missed it. There was also a transaction fee increase on Feb. 1 where AMP said it
was also due to CME fee increases and passed along, here: https://support.ampglobal.com/hc/en-us/articles/360042763013-CME-Exchange-Fee-Increase-Effective-February-1-2020

Yep mine came out at $30 this month.
That's some price jump.


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  #468 (permalink)
 
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 LDog 
Lafayette, TN/USA
 
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I got an email from Infinity Futures the other day and couldn't find anything about it. But then got the AMP email and was not happy. Also per their email:

We sent a request to CME to delay their fee increase due to thiscoronavirus (COVID-19) current situation. They declined....

Unfortunately, we have to proceed with processing these increased CME Fees




I guess when they're the only game in town, we gotta pay the vig ...


Edit - I also found this on several other broker's sights, but haven't tracked it down on the CME site:


[COLOR=#444444][FONT=&quot]https://insigniafutures.com/[AUTOLINK]cme[/AUTOLINK]-data-fees-price-increase/[/FONT][/COLOR]


[COLOR=#444444][FONT=&quot]https://www.cannontrading.com/tools/support-[AUTOLINK]resistance[/AUTOLINK]-levels/[AUTOLINK]cme[/AUTOLINK]-raising-their-monthly-data-fees-trading-levels-3-31-2020/[/FONT][/COLOR]


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  #469 (permalink)
 
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 cory 
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ninjus View Post
Yep mine came out at $30 this month.
That's some price jump.

$31 here long CME y’all

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  #470 (permalink)
 steve2222 
Auckland, New Zealand
 
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Cloudy View Post
Anyone else get this notice from AMP?

https://support.ampglobal.com/hc/en-us/articles/360045232634-CME-Monthly-Data-Fee-Increase-Effective-April-1-2020


As a result my monthly data fees /w lvl 2 cme bundle went up to $31/month, $16 more per month from $15/month.

I haven't seen a mention of this increase on TDA or Ironbeam. Also, I checked the CME group site, and there
seems to be no mention unless I missed it. There was also a transaction fee increase on Feb. 1 where AMP said it
was also due to CME fee increases and passed along, here: https://support.ampglobal.com/hc/en-us/articles/360042763013-CME-Exchange-Fee-Increase-Effective-February-1-2020

Attached is the official CME notice of fee increase

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
Attached Thumbnails
AMP Futures / AMP Global Review-mdla-cme-data-fee-schedule-5-apr-2020.pdf  
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Last Updated on March 22, 2023


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