Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

TraderJean

Infinity / Transact Wishlist

Recommended Posts

Is it true that there is problem with TransAct data?

 

I remember a few people saying the volume being different from exchanges' reports.

 

 

It is absolutely true. Every time TA rolls contracts their volume is off by a mile for atleast a week. Yesterday I had a 1 minute histogram bar showing over 50k for the ES and Mirus/Zen/NT showed a couple of thousand. This has been going on over 1 year I brought to their attention and they don't or can't do anything about it. I seem to smooth out after 2 weeks, but I have errant volume spikes again today.

 

Today as I post at 12:45 ET on ES Zen is showing 72 contracts in 1 minute and TransAct is showing over 45k in that same minute of time. They are pretty good as a broker, have good trade desk support, but their data leaves alot to be desired. Apparently MC is dropping them a supported data feed due to issues.

Share this post


Link to post
Share on other sites
It is absolutely true. Every time TA rolls contracts their volume is off by a mile for atleast a week. Yesterday I had a 1 minute histogram bar showing over 50k for the ES and Mirus/Zen/NT showed a couple of thousand. This has been going on over 1 year I brought to their attention and they don't or can't do anything about it. I seem to smooth out after 2 weeks, but I have errant volume spikes again today.

 

Today as I post at 12:45 ET on ES Zen is showing 72 contracts in 1 minute and TransAct is showing over 45k in that same minute of time. They are pretty good as a broker, have good trade desk support, but their data leaves alot to be desired. Apparently MC is dropping them a supported data feed due to issues.

 

 

 

Please, do not bring the MC issue into play. We have emails where they confirm the issue we DID have with volume is fixed. The issue we had with volume was we were under reporting not over.

 

Again, we have email that shows that they were happy with the fix.

 

As to the spike in data. I do have a bug report that was submitted 2 days ago, however, I have no other bug reports from any other users let alone outstanding bug reports that are a year old.

 

The bug report from 2 days ago was identified that day, tested the next and rolled that night.

 

If we are having an issue, and if it is at rollover we would be happy to hear from you and look into this matter.

 

I suggest you call the support desk at transact, and ask for Robert Winslow.

Share this post


Link to post
Share on other sites
Is it true that there is problem with TransAct data?

 

I remember a few people saying the volume being different from exchanges' reports.

 

 

Yes, we did have an issue with volume. We found that we were way under reporting volume.

 

However, after we placed a fix for the issue (Was a UDP buffer overrun) we have confirmation from 2 independent sources that our data is as good as IB.

 

Doing some studies we are sending about 95% of the data. We plan on improving that even more buy opening these buffers some more, however we have to do this slowly.

Share this post


Link to post
Share on other sites

A good reporting package to go with Infinity is definately top of my wishlist. Tradestations speed and reliabilty may not be as good and their customer service is certainly not a patch on Infinitys. But their reporting software seems pretty good to me. Definately better than the none at all currently on offer at transact.

 

Also, a thank you to Tom for that auto focus tip. Been using the platform for 2 years and never knew that.

Share this post


Link to post
Share on other sites

hellweek, i am currently test driving the platform. i like it, i was wondering what language it is developed in. if .net 2.0 based then it may run on linux via mono. have you all ever tested it on linux, or do you know of anyone running it sucessfully on linux? thanks

Share this post


Link to post
Share on other sites

Tom,

Have a friend who has an account with infinity/Transact, but has not used the live platform for quite a while as he has other spreadbetting accounts, is he in any danger of loosing the balance in his account i.e does the company after some point in time close the account and the client kisses goodbye to his account balance.

Share this post


Link to post
Share on other sites
Tom,

Have a friend who has an account with infinity/Transact, but has not used the live platform for quite a while as he has other spreadbetting accounts, is he in any danger of loosing the balance in his account i.e does the company after some point in time close the account and the client kisses goodbye to his account balance.

 

Hi Monad,

 

You said your friend has an account with TransAct / Infinity. There is a difference. If your friend opened an account directly with TransAct he is being charged a monthly fee of $400 which over time will reduce an inactive account to zero balance. If your friend opened an account with Infinity Futures then the monthly fee is waived. Your friend should contact his Infinity broker or TransAct directly for further assistance.

 

Infinity_Tom

Share this post


Link to post
Share on other sites

I am told the account is directly with Infinity and there was no question of any monthly fee then, and a five figure sum is in the balance as per recent statement which does not show any deductions of fees whatsoever.

Share this post


Link to post
Share on other sites

I use infinity, however the statements they send out are from Transact, that is where I am informed the segregated accounts of clients are kept.

It certainly is a matter of concern if those guys elect to syphon away the balance if the account remains dormant for a while. I would be the first to close the account and move the business elsewhere, they are other brokers out there.

Would appreciate if infinity guys would clarify this.

Share this post


Link to post
Share on other sites

I have been with Infinity for 2 or 3 years and like them a lot. I dont know Tom, but my first week I was trading the EC and overnite I closed a position and didnt notice that I must have double clicked and closed but then had an equal number of contracts now short until almost dawn. They broke the trade for me and never hid behind the often quoted but tired line about the risks of electronic trading. They were very nice.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 1st April 2025.   Will Gold’s Rally Hold Strong as New Trade Tariffs Take Effect Tomorrow?   Gold continues to increase in value for a sixth consecutive day and is trading more than 17% higher in 2025. Amid fear of higher inflation, a recession and the tariffs war escalating investors continue to invest into Gold pushing demand higher. The trade policy from April 2nd onwards continues to be a key factor for the whole market. Can Gold maintain its upward trend? Trade Policy From Tomorrow Onwards Starting as soon as tomorrow, a 25% tariff will be imposed on all passenger cars imported into the United States. While this White House policy is anticipated to negatively affect European industrial performance, it will also lead to higher transportation and maintenance costs for everyday American taxpayers. The negative impact expected on both the EU and US is one of the reasons investors continue to buy Gold. Additionally, last month, President Donald Trump announced reciprocal sanctions against any trade partners that impose import restrictions on US goods. Furthermore, tariffs on products from Canada and the EU could increase even more if they attempt to coordinate a response. Overall, investors continue to worry that new trade barriers will prompt retaliatory measures, particularly from China, the Eurozone, and Japan. Any retaliation is likely to escalate the trade conflict and prompt another reaction from the US. Experts at Goldman Sachs and other investment banks warn that this will lead to rising inflation and unemployment. They also caution that it could effectively halt economic growth in the US.   XAUUSD 1-Hour Chart   The Weakness In The US Dollar Another factor which is allowing the price of XAUUSD to increase in value is the US Dollar which has been unable to maintain any bullish momentum. Despite last week’s Core PCE Price Index rising to its highest level since February 2024, the US Dollar has been unable to see any significant rise in value. Due to the US Dollar and Gold's inverse correlation, the price of Gold is benefiting from the Dollar weakness. Investors worry that new trade barriers will prompt retaliatory measures from China, the Eurozone, and Japan, potentially escalating the conflict. Experts at The Goldman Sachs Group Inc. believe that such actions by the US administration will drive rising inflation and unemployment while effectively halting economic growth in the country. Can Gold Maintain Momentum? When it comes to technical analysis, the price of Gold is not trading at a price where oscillators are indicating the instrument is overbought. The Relative Strength Index currently trades at 68.88, outside of the overbought area, since Gold’s price fell 0.65% during this morning’s session. However, even with this decline, the price still remains 0.40% higher than the day’s open price. In terms of fundamental analysis, there continues to be plenty of factors indicating the price could continue to rise. However, the price movement of the week will also partially depend on the employment data from the US. The US is due to release the JOLTS Job Vacancies for February this afternoon, the ADP Non-Farm Employment Change tomorrow, and the NFP Change and Unemployment Rate on Friday. If all data reads higher than expectations, investors may look to sell to lock in profits at the high price. Key Takeaway Points: Gold’s Rally Continues – Up 17% in 2025 as investors seek safety from inflation, recession fears, and trade tensions. Trade War Impact – New US tariffs and potential retaliation from China, the EU, and Japan drive uncertainty, boosting Gold demand. Weak US Dollar – The Dollar’s struggle supports Gold’s rise due to their inverse correlation. Gold’s Outlook – Uptrend may continue, but US jobs data could trigger profit-taking. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date: 31st March 2025.   Trump Confirms Tariffs on All Countries, Sending Stocks Lower.   The NASDAQ continues to trade lower due to the US confirming the latest tariffs will be on all countries. In addition to this, bearish volatility also is largely due to the higher inflation data from Friday. The NASDAQ declines to its lowest price since September 11th 2024. Core PCE Price Index - Inflation Increases Again! The PCE Price Index read 2.5% aligning with expert forecasts not triggering any alarm bells. However, the Core PCE Price Index rose from 0.3% to 0.4% MoM and from 2.7% to 2.8% YoY, signalling growing inflationary pressure. This increases the likelihood that the Federal Reserve will maintain elevated interest rates for an extended period. The NASDAQ fell 2.60% due to the higher inflation reading which is known to pressure the stock market due to pressure on consumer demand and a more hawkish Federal Reserve. Boston Fed President Susan Collins recently commented that tariffs could drive up inflation, though the long-term impact remains uncertain. She told journalists that a short-term spike is the most probable outcome but believes the current pause in monetary policy adjustments is appropriate given the prevailing uncertainties. Although, certain investment banks such as JP Morgan actually believe the Federal Reserve will be forced into cutting rates. This is due to expectations that the economy will struggle under the new trade policy. For example, JP Morgan expects the Federal Reserve to delay rate cuts but will quickly cut towards the end of 2025. Market Risk Appetite Takes a Hit! A big factor for the day is the drop in the risk appetite of investors. This can be seen from the VIX which is up almost 6%, Gold which is trading 1.30% higher and the Japanese Yen which is the day’s best performing currency. Most safe haven assets, bar the US Dollar, increase in value. It is also worth noting that all indices are decreasing in value during this morning's Asian session with the Nikkei225 and NASDAQ witnessing the strongest decline. Previously the stock market rose in value as investors heard rumours that tariffs would only be on certain countries. This bullish swing occurred between March 14th and 25th. Over the weekend, President Donald Trump indicated that the upcoming tariffs would apply to all countries, not just those with the largest trade imbalances with the US. NASDAQ - Technical Analysis In terms of technical analysis, the NASDAQ continues to obtain indications that sellers control the price action. The price opens on a bearish price gap measuring 0.30% and trades below all Moving Averages on all timeframes. The NASDAQ also trades below the VWAP and almost 100% of the most influential components (stocks) are declining in value.     The next significant support level is at $18,313, and the resistance level stands at $20,367.95. Key Takeaway Points: NASDAQ falls to its lowest since September 2024 as the US confirms tariffs on all countries, adding to inflation concerns. Core PCE inflation rises to 0.4% MoM and 2.8% YoY, increasing the likelihood of prolonged high interest rates. Investor risk appetite drops as VIX jumps 6%, gold gains 1.3%, and safe-haven assets outperform. NASDAQ shows strong bearish momentum, trading below key technical levels with support at $18,313 and resistance at $20,367.95. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • PM Philip Morris stock, top of range breakout at https://stockconsultant.com/?PM
    • EXC Exelon stock, nice range breakout at https://stockconsultant.com/?EXC
    • UTZ Utz Brands stock, watch for a bottom breakout at https://stockconsultant.com/?UTZ
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.