Yes, the previous Rithmic Pricing was a Monthly Minimum $20.00 with $0.25 per contract traded With this NEW Rithmic Pricing, it is $25.00 per month FLAT Fee (regardless of trading volume) + $0.10 per contract traded. We have done the analysis and we feel this is best way to manage the Monthly Rithmic fee > while getting the per contract traded fee down to only $0.10.
So this new pricing structure is more expensive than the old pricing structure... unless you make 90+ RT trades per month.
A few days ago, Sierra Chart announced its Denali data feed will begin supporting barebones MBO for CME products in the near future... accessible only by ACSIL developers... for an additional $40/month.
i just saw your question. well i love the low fees i am getting for sure. The platform is pretty good and i have not had any clunky connection issues or slow quotes. the dom is ok and could use some more customization in order to tailor it better to each customers liking. It seems to be fast and robust as the rest of them no real complaints but I am 80 % limit orders so not much experince as far as fills on stops or LIT and MIT orders but so far so good. Another great benefit is the cloud part of the platform so you can trade from your phone or tablet if you had to or if you just want real time monitoring of your positions in the futures or alerts. it is fast though not any faster than the others and i have compared a lot of them side by side and its all pretty much the same if you are a mouse click trader the speed wont make as much of a difference as one would think it does in my opinion. on a scale of 1 to 5 stars and 5 stars being incredible mind blowing i would give it a 4 so far but it is only the second day. i am sure i can find some complaints. customer service has been good so far and I am making money so cant complain ..yet
My calculations: 10 round turns old pricing was $7 dollars per month cheaper 20 round turns old pricing was $9 dollars per month cheaper 30 round turns old pricing was $11 dollars per month cheaper 40 round turns old pricing was $13 dollars per month cheaper 50 round turns old pricing was $10 dollars per month cheaper 60 round turns old pricing was $7 dollars per month cheaper 70 round turns old pricing was $4 dollars per month cheaper 80 round turns old pricing was $1 dollars per month cheaper 90 round turns new pricing is $2 dollars better than old pricing At 500 round turns, it is going to be $250 vs $125. $125 a month cheaper. At 1000 round turns, it is going to be $500 vs $225. $275 a month cheaper. Although i would have thought existing high volume AMP customers were using CQG instead of Rithmic anyway. But who knows.
Rithmic is top notch!. i would say its the fastest. Have you ever called cqg or tt. Hello wait times and a huge corp where you are a small number. The owner of Rithmic is incredibly knowledgeable of programming in futures front ends and has been available at times. they have a massive amount of bandwidth which isnt close to capacity. faster still !! I one time asked for a particular style of chart and he said no i dont have that but ill get the programmers on it tomorrow and he did. in 3 weeks he built for me free of charge a particular dom style chart style with his team of programmers. He then posted it up in r trader pro as one of the new chart formats. Rithmic is the fastest i have video of rithmic cqg tt and denali sierra chart. all are fast rithmic actually goes out 9 digits to show execution speed and order conversion times as well as electronic jitter which is in all systems. for a lot of reasons it runs circles around cqg and even beats TT. Sierra Denali is good never bogs but rithmic is best