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Ninja/CQG/AMP with the SPI

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Caveroute

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Hi, I've just started day trading the SPI using Ninjatrader, CQG for data and AMP Futures [Chicago] as the broker.

I'm using the ATM feature in Ninja, and manually trail my stops using the chart trader as the price moves.

When my stop was hit I got the error - Rejected: New - Invalid order ExchangeRejectCode = 15[]

The order in question was a "sell stop limit".

I contacted AMP support and got the response:

"We have contacted the exchange regarding this issue. In the meantime, please advise that the SFE does not except any synthetic order entries and all stops are held on your machine, not the exchange"

Which made me a little twitchy.

Everything is fine on the CME/Globex [ES] or the LIFFE [FTSE].

Does anybody else have this problem ?

Appreciate any guidance/disucssion, cheers
 
Yeah SFE doesn't take "stop" orders I don't think, had the same thing when I was in prop. Maybe try something else, like a sell limit or something(maybe without "stop" in the name to see if that works), it will just have to be local on your machine, not an actual stop on the exchange as they said.

.....or just stay at your machine while you're in the trade, watch it like a hawk and get out manually.
 
sam is correct, sfe/asx doesnt accept synthetic orders ie stops or stop limits... the only way around it is an add on program which ive seen for TT, but if ur scalping away or short term trading you probs wont need stops
 
Looks like i might be switching to Macquarie for futures. They have CQG data. CQG have data from almost every exchange in the world. Why the heck are they the only ones?:confused:

CanOz
 
After talking further with the CQG staff in Denver, I've filled out an AMP Futures account application. They are saying that they should be able to provide data for all that CQG covers through AMP clearing.

There is a chance, for the first time in 5 years, that i can get all of my needs in one broker/data feed.

Thats means i will have:

1.) full market depth
2.) broker and data in one
3.) continuous contracts

for all of my markets, Asia and Europe plus CME

Sounds like a dream. This should reduce my monthly fees as well.

CanOz
 
CanOz said:
After talking further with the CQG staff in Denver, I've filled out an AMP Futures account application. They are saying that they should be able to provide data for all that CQG covers through AMP clearing.

There is a chance, for the first time in 5 years, that i can get all of my needs in one broker/data feed.

Thats means i will have:

1.) full market depth
2.) broker and data in one
3.) continuous contracts

for all of my markets, Asia and Europe plus CME

Sounds like a dream. This should reduce my monthly fees as well.

CanOz
Click to expand...

Great stuff, let me know how it goes, looking at something similar myself, loved CQG at Propex. Costs seem similar to TT, around a grand/month then exchange fees on top, but I'd say CME would be waived. CQG is about 1000x better than TT though IMO.
 
ThingyMajiggy said:
Great stuff, let me know how it goes, looking at something similar myself, loved CQG at Propex. Costs seem similar to TT, around a grand/month then exchange fees on top, but I'd say CME would be waived. CQG is about 1000x better than TT though IMO.
Click to expand...

LOL, are you serious?:eek: Even paying all my IB fees, eSignal, and Kinetic I'd still be under $500.00.... That steep fee must be the professional bundle or something?

CanOz
 
CanOz said:
LOL, are you serious?:eek: Even paying all my IB fees, eSignal, and Kinetic I'd still be under $500.00.... That steep fee must be the professional bundle or something?

CanOz
Click to expand...

CQG IC(Integrated Client) is $715/month, then its +$300 for actual trading through the platform, then exchange fees on top of that, there is CQG Trader too which is cheaper I think, but doesn't have half the stuff CQG IC has, but it has the essentials, DOM and charts I guess, not sure about how much historical data etc. CQG IC you can pretty much do/get anything you want(as you should be able to for that price!), but TT is around 900 for crap charts, and DOMs that have stuff all features, so comparatively its good.
 
ThingyMajiggy said:
CQG IC(Integrated Client) is $715/month, then its +$300 for actual trading through the platform, then exchange fees on top of that, there is CQG Trader too which is cheaper I think, but doesn't have half the stuff CQG IC has, but it has the essentials, DOM and charts I guess, not sure about how much historical data etc. CQG IC you can pretty much do/get anything you want(as you should be able to for that price!), but TT is around 900 for crap charts, and DOMs that have stuff all features, so comparatively its good.
Click to expand...

Yeah, just had a look at that's the whole package really. I'm just after the data and i can execute through AMP. That Integrated Client is far more than i need as a small retail trader.

CanOz
 
CanOz said:
Yeah, just had a look at that's the whole package really. I'm just after the data and i can execute through AMP. That Integrated Client is far more than i need as a small retail trader.

CanOz
Click to expand...

Wouldn't you wanna execute on their DOM though? What's AMP's default platform to execute through?
 
ThingyMajiggy said:
Wouldn't you wanna execute on their DOM though? What's AMP's default platform to execute through?
Click to expand...

No, actually I'm looking to execute through NinjaTrader. AMP support many platforms, including NT.

CanOz
 
CanOz said:
Yeah, the jigsaw tools for the DOM and the Rancho tools for volume profiling.:xyxthumbs

CanOz
Click to expand...

Hi CanOZ -

I spent a few hours today investigating AMP Futures with CQG Vs Zenfire to connect to Jigsaw in my NT.

Are you happy with this setup? Is CQG DOM pretty good compared to say Kinetick data? Was stoked to find ~$3 per R/T for SPI!! Thats 7 DOLLARS cheaper than interactive brokers.

I was waiting to hear back from AMP tonight to confirm SPI Futures trading with this setup but you seem to have done that for me. I will be trading FGBL, FGBM mainly but want the option of trading SPI, ES, XT and YT. Looks like all are available with good rates for this setup - NT + AMP + CQG - can you confirm this is the case?

Many thanks.
 
grahamg said:
Hi CanOZ -

I spent a few hours today investigating AMP Futures with CQG Vs Zenfire to connect to Jigsaw in my NT.

Are you happy with this setup? Is CQG DOM pretty good compared to say Kinetick data? Was stoked to find ~$3 per R/T for SPI!! Thats 7 DOLLARS cheaper than interactive brokers.

I was waiting to hear back from AMP tonight to confirm SPI Futures trading with this setup but you seem to have done that for me. I will be trading FGBL, FGBM mainly but want the option of trading SPI, ES, XT and YT. Looks like all are available with good rates for this setup - NT + AMP + CQG - can you confirm this is the case?

Many thanks.
Click to expand...

Hi Graham, honestly i have no idea yet...still in the process of setting up my AMP/CQG connection. Its all done except i just cannot get data into NT yet. The server keeps disconnecting as well. With these guys being overseas it takes me ages to get an answer on things.

I'm trying to migrate to one broker/data feed and one backup (IB).

CanOz
 
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