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.

lgarcia3

Data Feed

Recommended Posts

Currently I have Opentick as my data feed provider; but they have become very unreliable. I am afraid one good day they will just close shop. I have my own strategy, data acquisition system written in Java, so I would need a service with a java API. Anyone one know of a reliable, not too expensive one?

I've done several searches; but the ones that are cheap don't have java API and the ones that do are very pricey... I don't want to pay more than 60-80/month for a data feed.

Thanks

Share this post


Link to post
Share on other sites
if youre trading futures i would highly recommend Ninja Trader w/ Zen Fire Data.

 

then call Sean @ Mirus for an account....best bet 100%

 

 

You really seems to be pushing Mirus quite a bit on here today. Are you affiliated?

Share this post


Link to post
Share on other sites

dont think he is affiliate, I posted a while back that I had a problem funding the account, once I got the money back, I tried again. I started really with the left foot on that issue and now I recommend mirus to everyone ;)

Share this post


Link to post
Share on other sites
dont think he is affiliate, I posted a while back that I had a problem funding the account, once I got the money back, I tried again. I started really with the left foot on that issue and now I recommend mirus to everyone ;)

 

And I have sent an e-mail inquiry once to Mirus and never heard back from them. On the other hand, never had any issues with IB. I am not sure how you can recommend Mirus to everyone without knowing the markets they want to trade. The markets available through Mirus is very limited compared to IB.

 

If one's criteria is to use brokers no one had issues with before, then you can stop looking and save yourself the time.

Share this post


Link to post
Share on other sites

hey guys,

 

No, im not affiliated with them, just a client that found them to be a great solution to my needs as a trader.

 

The problems I had with IB were...

 

1. Account Paperwork was extremely difficult and not user friendly at all

2. They were so large that customer service felt like calling TradeStation at 930am EST

3. To trade futures you had to log into their data manager, and then log into Ninja or any other platform

4. Margins were higher

5. They charged for Data Feed

6. They lost my wire 3 times, took me 2 weeks to find it, only to have it returned, again, customer service was too "big company" and it really felt like i was getting nowhere.

 

 

Ultimately, if you want to trade everything under the sun, than i guess i can see value in IB's ability to cover all the bases, but man...who needs that much flexibility in this difficult world of trading?

 

Too many moving parts and lack-luster service meant it wasnt a good fit for me.

 

Now with Mirus, i was greeted with a great guy named Sean who got me set up quickly, set me up with Zen Fire Data which is FREE, and is AWESOME for Futures Data for most any day traders needs.

 

In the end, Mirus was a great solution, my account went to RCG, and Ive been a happy client ever since.

 

I dont mean to bad mouth any IB users out there, but look at what you need, and you may not need to deal with the little issues that come with such a huge company.

 

Hope my feedback can be of help guys, and sorry for the confusion.

 

Mav

Share this post


Link to post
Share on other sites
hey guys,

 

No, im not affiliated with them, just a client that found them to be a great solution to my needs as a trader.

 

The problems I had with IB were...

 

1. Account Paperwork was extremely difficult and not user friendly at all

 

I did everything online and was a breeze.

 

2. They were so large that customer service felt like calling TradeStation at 930am EST

I never had to call them in the couple of years I have been using them.

 

3. To trade futures you had to log into their data manager, and then log into Ninja or any other platform

If you want to use another trading platform yes. You don't HAVE to and IB has a fairly decent booktrader.

 

4. Margins were higher

I am not sure if this is really a bad thing.

 

5. They charged for Data Feed

If you do less than $30 in commissions in a month, then they charge $10, otherwise it is free. You don't have to be a very active trader to get to $30 a month in commissions. They also provide backfills for their data. Zen-Fire/Mirus doesn't.

 

6. They lost my wire 3 times, took me 2 weeks to find it, only to have it returned, again, customer service was too "big company" and it really felt like i was getting nowhere.

I can't speak to that. Never happened to me.

 

 

Ultimately, if you want to trade everything under the sun, than i guess i can see value in IB's ability to cover all the bases, but man...who needs that much flexibility in this difficult world of trading?

You don't need to want to trade everything under the sun. Maybe just Euro Stoxx, Kospi and ES/YM/NQ. Why wouldn't you want the flexibility to trade different uncorrelated international markets?

 

Now with Mirus, i was greeted with a great guy named Sean who got me set up quickly, set me up with Zen Fire Data which is FREE, and is AWESOME for Futures Data for most any day traders needs.

What do you do when you miss a few days and need backfill data?

Share this post


Link to post
Share on other sites
What do you do when you miss a few days and need backfill data?

 

Unless you're trading a VERY fast timeframe such as 1 second, you should be able to backfill your charts for at least a few days' tick data with Ninja/Zen.

Share this post


Link to post
Share on other sites
And I have sent an e-mail inquiry once to Mirus and never heard back from them. On the other hand, never had any issues with IB. I am not sure how you can recommend Mirus to everyone without knowing the markets they want to trade. The markets available through Mirus is very limited compared to IB.

 

If one's criteria is to use brokers no one had issues with before, then you can stop looking and save yourself the time.

 

I would second that IB is a good broker to learn to trade with, they have access to just about everything you could possibly want to trade through the universal account.

 

If you know exactly what you want to trade already you can pick brokers that offer what you want.

Share this post


Link to post
Share on other sites

I would warn everyone away from ninja/zen data. its completely unreliable. last week alone on the ES, one 2 hour and 40 minute data gap and several smaller multi minute gaps. Inexcusable given todays technology and the low investment needed to provide triple redundancy on servers. Only one 'provider' I've found that is worse, and thats ES data on TOS (owned by TD Bank).

 

DTN is affordable, their data clean, and it won't cost you an arm and a leg like esignal.

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.


×
×
  • Create New...

Important Information

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