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Old Apr 2nd, 2014, 10:52 AM   #13
tomas262
 
 
Join Date: Sep 2013
Posts: 6
Hey AMP!

What about US futures spreads? What about EUREX markets? Do you support these? I need to use SierraChart as my automated trading strategies are coded in C++ ...
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Old Apr 2nd, 2014, 12:17 PM   #14
AMP_Trading
ET Sponsor
 
Join Date: Jun 2008
Location: Chicago
Posts: 236
Quote:
Originally Posted by tomas262 View Post
Hey AMP!

What about US futures spreads? What about EUREX markets? Do you support these? I need to use SierraChart as my automated trading strategies are coded in C++ ...
Yes, US futures spreads and EUREX markets are available using SierraChart
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Old Apr 2nd, 2014, 03:41 PM   #15
zlmtb
 
 
Join Date: Nov 2008
Location: Dillon CO
Posts: 6
I called Advantage today. They said they will honor existing commission structure, intraday margins, and platform fees. I use SierraChart and they won't be offering TT-Fix as a data feed for that platform as ILQ/Velocity did. Instead they'll use CTS or CQG. All accounts with a balance greater than zero will be eligible for transfer. Traders will need an account balance greater than $10k to trade live as required for new Advantage accounts.
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Old Apr 2nd, 2014, 06:58 PM   #16
kaldurak
 
 
Join Date: Apr 2014
Posts: 1
Quote:
Originally Posted by zlmtb View Post
I called Advantage today. They said they will honor existing commission structure, intraday margins, and platform fees.
I also called Advantage today, and spoke with Mike O'Malley. I asked about all those things, but he was not straightforward about what the intraday margins would be. He gave me a short speech on risk and mentioned only being able to offer something like 2:1 or 3:1 intraday margins (I assume that means from overnight rate?). Mike said they might be able to go down to $1,500 or $1,000 per contract for ES intraday, but they cannot match the $500 that Velocity, excuse me - ILQ, provides. He also mentioned that the $10k account minimum is required, and you need to maintain at least $5k balance to keep your account active. I use Ninja with Continuum, which he said they would be able to accommodate, and that the $10 monthly Continuum exchange fee would likely be put on hold for a few months. I will need to follow up tomorrow to ask again again about the intraday margins, as I assume they are still working out the details.
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Old Apr 3rd, 2014, 12:08 AM   #17
fbirdien
 
 
Join Date: Oct 2009
Posts: 50
Quote:
Originally Posted by kaldurak View Post
they might be able to go down to $1,500 or $1,000 per contract for ES intraday, but they cannot match the $500 .
That's a bummer.

Wonder if they'ld transfer over the Leader board?
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Old Apr 3rd, 2014, 02:59 PM   #18
Grandluxe
 
 
Join Date: Aug 2006
Location: Modakeke, Nigeria
Posts: 3,284
Keep us updated on the intraday margins.

I don't really need it but sometimes it's nice to have some cushion when I need to take extra positions.

Otherwise everything seems normal?
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