Brokers

Brokers + Data Feeds + Servers

The configuration of broker, data feed and server is very important when trading increased size based on Order Flow. Low-latency executions are definitely advisable. TradingTheTape recommends the following broker/data feed/server configurations.

Data Feeds

Not all data feeds are the same. Some data providers `throttle` or 'filter' their data to conserve bandwidth (e.g. Interactive Brokers, Trading Technologies).  Throttled data is useless for trading based on order flow because volume is aggregated at one price instead of being attributed to the actual multiple prices at which that order flow trades. NOTE: CQG and Rithmic data feeds test exactly the same and are both highly recommended data feeds for trading order flow.  Rithmic was the data feed and order routing back-end for Zenfire before Zenfire went out of business.

Servers

Servers are optional and are NOT required to run TradingTheTape software. Solution for Mac-Users - NinjaTrader only runs on a Windows PC.  If you only have a Mac you can use it to access a Chicago-based server using Microsoft Remote Desktop Connection from the Mac App Store.  This way you will have the low latency of the server and not have to buy a PC.

Why a Chicago Server?

A Chicago-based server is completely optional and not required to run TradingTheTape software however is highly recommended to take full advantage of the Risk Algorithm and trade order flow effectively.  The low latency data and fills afforded by a Chicago server easily pays for the server in savings and increased earnings each month. By running TradingTheTape software on a Chicago server your orders will be filled before other traders without a Chicago server even see the exchange data (video). Latency one-way to/from Chicago (1 millisecond = 1/1000 of a second):
  • from a Chicago-based server < 1 millisecond (orders are filled before the following locations even see the next tick)
  • from Toronto 37 milliseconds
  • from California 37 milliseconds
  • from Europe 135 milliseconds
  • from Moscow 180 milliseconds
  • from Australia 245 milliseconds
  • from New Zealand 277 milliseconds
  • from South Africa 315 milliseconds
  • from your computer? (go to Start/Accessories/Command Prompt, type 'ping 64.202.118.5' and read the ms numbers)
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AMP Servers

All AMP servers require an AMP Futures Brokerage Account. Servers are optional and are NOT required to run TradingTheTape software.

Option A - Chicago, Illinois:

Virtual Private Server
  • $99 per month (no setup fees)
  • 4 GB Ram, 1 Xeon Core (3.8 GHz Turbo), 100 GB disk, Windows Server 2012,
  • Located in Chicago with direct fiber optic connection to CQG Gateway
  • Latency to CME Group Aurora Data Center less than 1 millisecond
  • CQG data feed

Option B - Aurora, Illinois (located in CME Group Aurora Data Center) :

1. Virtual Private Server:
  • 1 core of a 4 core Intel E3-1280V2 processor 3.6 GHz
  • 7Gb RAM, 1600 MHz FSB
  • 2 x 450GB Disk Space, 7200 RPM, Raid 1
  • OS: Microsoft Windows Server 2012 Standard
  • $299/month or part thereof in advance, first month pro-rated
    • TradingTheTape subscribers special discount rate $200/month
  • Rithmic01 data feed with order routing direct to exchange via ABN AMRO for CME products
2. Dedicated Server:
  • Intel E3-1280V2 processor (4 cores) 3.6 GHz
  • 32GB RAM, 1600 MHz FSB
  • 2 x 2TB Disk Space, 7200 RPM, Raid 1
  • OS: Microsoft Windows Server 2012 Standard; or RHEL 6.4
  • $499/calendar month or part thereof in advance, first month pro-rated
  • Rithmic01 data feed with order routing direct to exchange via ABN AMRO for CME products
Eurex Market Servers can be obtained via myTradeHost  There is no point trading Eurex markets via a Chicago based server.

Brokerage and Clearing Services

AMP Futures

NOTE: TTT software runs on Ninjatrader.  As of March 2015 Ninjatrader ceased supporting AMP brokerage.  Since that date Ninjatrader has required that traders that did NOT have a Ninjatrader cash account trading license prior to that date must use Ninjatrader brokerage to trade their cash account.  If you had a cash account trading license with Ninjatrader prior to March 2015 then you may use AMP brokerage if you prefer. Account Features: To join the TradingTheTape Group and receive the preferred group flat rates without the $10,000 minimum account size requirement you must open your AMP account using the form below

NinjaTrader Brokerage