NexusFi: Find Your Edge


Home Menu

 





Teton Order Routing versus CQG


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one fxSOL with 2 posts (0 thanks)
    2. looks_two Ironbeam with 2 posts (8 thanks)
    3. looks_3 kulu with 1 posts (1 thanks)
    4. looks_4 Koepisch with 1 posts (4 thanks)
      Best Posters
    1. looks_one Ironbeam with 4 thanks per post
    2. looks_two Koepisch with 4 thanks per post
    3. looks_3 kulu with 1 thanks per post
    4. looks_4 Chippstrader with 1 thanks per post
    1. trending_up 6,500 views
    2. thumb_up 14 thanks given
    3. group 11 followers
    1. forum 10 posts
    2. attach_file 0 attachments




 
Search this Thread

Teton Order Routing versus CQG

  #1 (permalink)
 kulu 
Buckeye Nation
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp/CQG, TOS
Trading: CL, 6E, YM and ES
Posts: 213 since Jul 2010
Thanks Given: 159
Thanks Received: 242

Happy New Year,

Does anyone here us Teton Order Routing? How does it compare to CQG?

Thanks

Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
REcommedations for programming help
Sierra Chart
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Exit Strategy
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
31 thanks
Spoo-nalysis ES e-mini futures S&P 500
28 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
20 thanks
GFIs1 1 DAX trade per day journal
17 thanks
  #2 (permalink)
 
Ironbeam's Avatar
 Ironbeam   is a Vendor
 
Posts: 93 since Jan 2018
Thanks Given: 58
Thanks Received: 81

According to Sierra's benchmarking test on Teton vs. CQG Web API, order submission can take up to 11.5 times longer on CQG. Whether that can be really substantiated is unclear. There are many factors that go into latency for order submission.

As for other and more direct benefits, there is no $.10 routing fee or monthly connection premium that other vendors like CQG and Rithmic charge, and there are some nice back-end tools that are helpful to control risk and margins more easily from a broker standpoint.

Use Promo Code FUTURES.IO for $0.45 futures commissions, $0.19 micro commissions HERE. *Promotion only available to new customers. Other fees such as exchange and NFA still apply*
Mike Murphy | Director of Trading
Ironbeam Futures
Phone: 312-765-7228 | [email protected]
Follow me on Twitter Reply With Quote
Thanked by:
  #3 (permalink)
 Koepisch 
@ Germany
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: FDAX
Posts: 569 since Nov 2011
Thanks Given: 440
Thanks Received: 518


Hi,

i don't use the service yet, but i will be in the SC webinar today about the topic ("Sierra Chart Teton Order Routing at Edge Clear" @EdgeClear). I have to wait till the EUREX connection is completed. In the SC Board there is an excellent thread which describes the differences and implementation details of the new order routing service. It's quite a good read!

https://www.sierrachart.com/SupportBoard.php?ThreadID=69450

Koepisch

Reply With Quote
  #4 (permalink)
 
empty's Avatar
 empty 
Louisville, Kentucky
 
Experience: Intermediate
Platform: Sierra Chart, TastyTrade
Broker: Various
Trading: Futures, Options
Posts: 100 since Oct 2012
Thanks Given: 1,938
Thanks Received: 195


Ironbeam View Post
According to Sierra's benchmarking test on Teton vs. CQG Web API, order submission can take up to 11.5 times longer on CQG. Whether that can be really substantiated is unclear. There are many factors that go into latency for order submission.

As for other and more direct benefits, there is no $.10 routing fee or monthly connection premium that other vendors like CQG and Rithmic charge, and there are some nice back-end tools that are helpful to control risk and margins more easily from a broker standpoint.

When will IronBeam offer support?

Follow me on Twitter Reply With Quote
  #5 (permalink)
 
Ironbeam's Avatar
 Ironbeam   is a Vendor
 
Posts: 93 since Jan 2018
Thanks Given: 58
Thanks Received: 81


empty View Post
When will IronBeam offer support?

We are completing the integration this weekend and plan on doing some testing Monday before offering it to all customers either Tuesday or Wednesday.

Use Promo Code FUTURES.IO for $0.45 futures commissions, $0.19 micro commissions HERE. *Promotion only available to new customers. Other fees such as exchange and NFA still apply*
Mike Murphy | Director of Trading
Ironbeam Futures
Phone: 312-765-7228 | [email protected]
Follow me on Twitter Reply With Quote
  #6 (permalink)
 
Popsicle's Avatar
 Popsicle 
Pretoria Gauteng
 
Experience: Intermediate
Platform: Sierra Charts
Trading: NQ
Posts: 250 since May 2016
Thanks Given: 2,448
Thanks Received: 550

I see that AMP support is coming up. Any idea on timeline on that?

Follow me on Twitter Reply With Quote
  #7 (permalink)
 Futures Operator 
New York, NY
 
Experience: Intermediate
Platform: Sierra Chart, thinkorswim
Broker: Amp-Rithmic/TT, IB
Trading: CL, GC, NQ
Posts: 601 since Nov 2010
Thanks Given: 2,039
Thanks Received: 258

Any users here with feedback?

Reply With Quote
  #8 (permalink)
fxSOL
Belgrade Serbia
 
Posts: 60 since Mar 2020
Thanks Given: 37
Thanks Received: 25

I just quit my account on Sierra for many reasons. Have been a polite user for two years paying top-dollar but I am treated like a dog.
The software is state of art but customer care and support is just laughable.

Reply With Quote
  #9 (permalink)
fxSOL
Belgrade Serbia
 
Posts: 60 since Mar 2020
Thanks Given: 37
Thanks Received: 25


Popsicle View Post
I see that AMP support is coming up. Any idea on timeline on that?

That is what Sierra say yes but contact AMP and you will get another answer.

Reply With Quote
  #10 (permalink)
 
Chippstrader's Avatar
 Chippstrader 
Randolph+NJ/US
Market Wizard
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Stage5/Advantage Futures
Trading: NQ
Posts: 2,050 since Jan 2015
Thanks Given: 5,241
Thanks Received: 3,656


I have been using SC Teton for over a month now. (Broker-Stage5Trading, ClearingFirm-Advantage Futures).

No Issues.

--------
Chipps
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:




Last Updated on October 29, 2022


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts