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Can certain products NOT be traded on SIM?
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Can certain products NOT be traded on SIM?

  #1 (permalink)
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Can certain products NOT be traded on SIM?

I don't know whether this question is CQG-specific or not.

I use a CQG trading platform, where I have the option of either trading live or using one of their built-in demo accounts to trade on SIM.

However, when trading on SIM, not all products can be traded.

For example, I can trade the 10-year US Treasuries but I can't trade the Ultra-bond, or I can trade the FDAX and the FESX but I can't trade FGBL.

The ones that can't be traded have a "not tradable" sign when logged on with the SIM account.

Enquiring with CQG support, the answer I got was that certain products are not tradable on SIM because "That is due to exchange compliance." They went on to say "The exchanges are limiting what is available so as not to be taken advantage of", which I found odd.

So my question to you is, does that argument sound legitimate?

Why would the exchanges exclude certain products from SIM trading?

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  #3 (permalink)
Market Wizard
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Where do your quotes come from ?

My quotes come from IQfeed and i can trade sim whatever i have quotes for.

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  #4 (permalink)
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rleplae View Post
Where do your quotes come from ?

My quotes come from IQfeed and i can trade sim whatever i have quotes for.

CQG feed.

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  #5 (permalink)
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Can certain products NOT be traded on SIM?

This is just a stab in the dark...obviously if the SIM accounts can be accessed without a live account and without paying data fees...the exchange doesn't want to hand out free data.

But of course you're paying data fees....so why shouldn't you be able to trade them?

I'm thinking it has to do w the agreement between CQG and the exchange/s. Iow, it could probably be worked out but no one has really tried.

I also just learned that CQG uses EP as symbol rather than ES for emini SP500, for certain brokers on certain platforms...not all but some. And no one seems to know exactly why this is, not even the broker. I'm not saying these things are related, but it's a pattern of things that don't make immediate sense to me.

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  #6 (permalink)
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I think it makes sense to separate data feed and broker

I don't expect my broker to give me data,
my broker(s) need to be good at what i ask him to do : trade management/execution

Anyway, i have a complete set of synthetic data, that no data vendor or broker can provide me
i take data from several places, slice and dice it and feed it back into NT
the outcome of the process is a signal/order that goes to a broker(s)

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  #7 (permalink)
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Answer
This post has been selected as an answer to the original posters question Answer

Simulating a trade can happen at more than one place in the pipeline. So here we're talking about a CQG demo account where the broker maintains the account and determines if you'd have been filled or not. However, it's also possible for you to simulate the trades on your local machine with various platforms. So for instance, if you're getting full market data you'd be able to demo trade with Ninjatrader's account simulator. That is assuming you get the data for that product. Many demo accounts won't provide market data for all instruments.

You'd probably be better off trading ZB anyways...

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  #8 (permalink)
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rleplae View Post
Anyway, i have a complete set of synthetic data, that no data vendor or broker can provide me
i take data from several places, slice and dice it and feed it back into NT
the outcome of the process is a signal/order that goes to a broker(s)

Could you describe this process...if not in specific detail, then generally?

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  #9 (permalink)
Market Wizard
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fivewhy View Post
Could you describe this process...if not in specific detail, then generally?

I use two mechanisms to do this :

1. an indicator that calls out using JSON to a process that has a listener and serves the requests
this i use for calculated or syncrhonised data

2. an existing NT datafeed connector that talks to a server i have written that understands the
request and streams the data to NT. the server is able to handle historic time series and tick alike
datafeed for the symbols for which i hold my own database outside N.

There exists a 3rd mechanism, but i think it is not high performance, that is to use the NTdirect.dll
and the call included to push data to NT or to directly talk on the socket for the ATI interface.

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  #10 (permalink)
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fivewhy View Post
This is just a stab in the dark...obviously if the SIM accounts can be accessed without a live account and without paying data fees...the exchange doesn't want to hand out free data.

But of course you're paying data fees....so why shouldn't you be able to trade them?

I'm thinking it has to do w the agreement between CQG and the exchange/s. Iow, it could probably be worked out but no one has really tried.

I also just learned that CQG uses EP as symbol rather than ES for emini SP500, for certain brokers on certain platforms...not all but some. And no one seems to know exactly why this is, not even the broker. I'm not saying these things are related, but it's a pattern of things that don't make immediate sense to me.

Exactly, why shouldn't one be able to trade those given one is paying for access... besides you have access to all symbols with IQfeed which means the 'compliance' thing sounds implausible.

Yes, CQG uses an odd naming convention for most symbols - mattz seems to think it may be down to legacy reasons, but as you say nobody knows for sure...

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