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I just see that TT is not proposing its Autopspreader on a Transactionnal pricing model. Someone know why?
https://www.tradingtechnologies.com/resources/pricing/
Someone knows why?
Can you help answer these questions from other members on NexusFi?
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,388
Thanks Received: 10,207
They used to have a transactional version, but it still had a monthly fee, wasnt 100% volume related. If you look at the bottom of the page in the fine print it still references the transactional version, so it may still exist.
Transactional pricing plans include a per contract fee that caps. We do not charge a transactional fee for securities, including Fixed Income securities and Cboe equity options. For users trading U.S. Treasury securities, we charge a flat fee that applies to the minimum and the cap if you are on a transactional pricing plan.
I'd disagree completely. Very very valuable tool for me - although I do have my pet grievances with it. Widely recognized as the #1 autospreader in the industry.
CQG is the other bigger name in this space. Never used theirs personally but its as expensive, if not more expensive than TT.
I believe Cunningham/CTS, Blue Trading Systems and Stellar all have one as well.
Of the 5 I think CTS is the cheapest but have no experience other than with TT.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,388
Thanks Received: 10,207
I checked with my contact. There are still transactional pricing structures available but only from FCMs/clearing houses and not direct with TT themselves. So you would be paying your FCM and not TT directly. You don't have to be a company/corporate to do this, you just need to be clearing with the right FCM.
