Tick chart will change in October 2015?

Discussion in 'Trading' started by bmw335isedan, May 6, 2015.

  1. I got an email from AMP futures yesterday, so I guess this only applies to tick chart?



    CME Globex Legacy Market Data to MDP 3.0 Market Data Conversion



    Here is the link to full details: CME Market Data Conversion

    Per the CME, All Data Feeds will need to make this conversion by October 2015 – All Legacy FIX/FAST Channels will be decommissioned.


    Example: Here is how the change results in a different presentation of the ticks –
    If we had trades like this for ESM5…

    211175 vol 5
    211175 vol 2
    211175 vol 1
    211175 vol 12
    (total, 20 @)

    Now we get a trade summary like this
    211175 vol 20

    Same volume, less detail.


    This will affect your Tick Charts – please be aware and adjust your trading strategies accordingly.

    http://www.cmegroup.com/confluence/...Market+Data+to+MDP+3.0+Market+Data+Conversion
     
  2. qxr1011

    qxr1011

    well its not going to be a tick chart anymore

    by the way, volume charts, if they are available, imho better than the tick charts
     
  3. nkhoi

    nkhoi

    cut the number of ticks in half then decrease it slowly until you recognize its shape. Exmp: 2000t = 905t.
     
    Last edited: May 6, 2015