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Cheapest Way to Get CME Data?

Discussion in 'Derivatives' started by Tooth Faerie, Aug 4, 2018.

  1. Tooth Faerie

    Tooth Faerie

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    I'm signing up to interactive Brokers with corporate trustee so I can open a margin account.

    The biggest drawback so far are the market data fees because this kind of account is considered "professional".

    As it stands, this would be just over a $1000 drag on profits p.a.

    Does anyone know any alternative way to getting cheaper market data?
     
  2. CanOz

    CanOz Home runs feel good, but base hits pay bills!

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    The best way would be to open an amp clearing account with $500. Then you get a choice of platforms. Pick a platform where you can use IB as the broker whilst still using amp clearing for data (cqg etc.).
     
  3. Tooth Faerie

    Tooth Faerie

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    I haven't come across this solution but I will research it right away.

    Thanks for helping me out.
     
  4. CanOz

    CanOz Home runs feel good, but base hits pay bills!

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    Before ninjatrader became a brokerage you could do it. I’m not sure now....maybe mt5?
     
  5. Tooth Faerie

    Tooth Faerie

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    https://www.ampfutures.com/

    Is that what you're talking about?

    What's your trading setup like? Are you with IB?
     
  6. CanOz

    CanOz Home runs feel good, but base hits pay bills!

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    Nah, I used to be for equities....I'm with macquarie and amp now.
     
  7. Tooth Faerie

    Tooth Faerie

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    Is Macquarie and amp better than IB?
     
  8. CanOz

    CanOz Home runs feel good, but base hits pay bills!

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    Amp is arguably the best and cheapest for futures, but IB is likely the best all rounder....
     
  9. Tooth Faerie

    Tooth Faerie

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    Would you be able to give me a link for the amp product you're using?
     
  10. CanOz

    CanOz Home runs feel good, but base hits pay bills!

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    I'm using Sierra chart now. But only through amp, haven't been able to set it up with macquarie yet...still trying. Do you already have an interactive brokers account?
     
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