Registered: Mar 2009
07-09-12 11:02 AM
Quote from gmst:
If you have lifetime license of Ninjatrader/Multicharts, platform fees per month with Mirus appear to be zero.
So, if Mirus is willing to match DeepDiscount's quote of 0.15 cents per side, then you save on software costs by going with Mirus.
My 2 cents.
Btw, Thanks for excellent research here.
Sadly, not true.
The main problem is: Mirus uses Zen-Fire, Rithmic costs. Normally they roll it into the fee, but if Rithmic matches 15 cents, they are left with pretty much zero even at that volume. Wont's happen.
Rithmic is one of the more expensive offers (not blaming them - they have a lot of use cases) and Zen-Fire is repackaged and higher priced Rithmic - makes is extremely unlikely to be willing to match 15 cents with the costs included. I dare to say it would be stupid from them - from what I know of Rithmic pricing, they would be left with only some cents left.