tryitagainmf Posted June 30, 2014 Report Share Posted June 30, 2014 Interesting development to be sure! One of the many things that I personally liked about NT was that they were broker-neutral...now, not so much. I do trust that this will not impact those of us who already have/like/trust our current broker/data-feed! Cheers! Mick http://www.ninjatrader.com/support/forum/showthread.php?t=67156 NinjaTrader Introduces Brokerage Services - $3.38 per round turn "all in" Denver, CO, June 30, 2014 – NinjaTrader Group, LLC has announced the launch of NinjaTrader Brokerage following their acquisition of Mirus Futures. The new brokerage will leverage the best of both award winning teams to address unfulfilled traders’ expectations and transform the traditional ways brokerage is conducted. “The NinjaTrader acquisition is exciting not only for current Mirus Futures clients and users of the NinjaTrader platform, but for the futures industry as whole” stated Eliot Wickersheimer, EVP of Brokerage Operations. “Futures traders have been searching for more transparency and a ‘next generation’ user experience,” continued Wickersheimer. “With the launch of NinjaTrader Brokerage, we are now uniquely positioned to deliver on those expectations while simultaneously lowering trader costs.” NinjaTrader and Mirus Futures have over 10 years of demonstrated growth operating as partners with a shared common goal: empower traders with outstanding service and industry leading technology. This shared goal, proven history and desire to advance the trading experience made Mirus Futures an easy selection for NinjaTrader’s strategic expansion into the delivery of brokerage services. “As the industry’s leading platform provider, we have witnessed the inefficiencies of brokerage along with the resulting frustrations experienced by our traders,” stated Raymond Deux, Founder and CEO of NinjaTrader. “Our dedication to providing an exceptional client experience will remain paramount within NinjaTrader Brokerage. Combined with our award winning platform and extensive Ecosystem of 400+ partners, we will provide self-directed traders with unprecedented levels of service and functionality.” NinjaTrader Brokerage is immediately available to accept new clients with Dorman Trading as their Futures Commission Merchant (FCM). Existing users of the NinjaTrader platform do not have to make any changes to their current brokerage relationships and the transition to NinjaTrader Brokerage for existing Mirus Futures clients is completely seamless. misalto, newbie0101, Traderbeauty and 3 others 6 Quote Link to comment Share on other sites More sharing options...
morisvladi Posted June 30, 2014 Report Share Posted June 30, 2014 They cant even launch Ninja Trader 8 and now they want to run a brokerage? This should be interesting. Quote Link to comment Share on other sites More sharing options...
admis Posted June 30, 2014 Report Share Posted June 30, 2014 They cant even launch Ninja Trader 8 and now they want to run a brokerage? This should be interesting. This is an example of a typical thinking. NinjaTrader is a product and brokerage is a service. Ask yourself what is required to develop a complex product, in comparison to take over another company, its infrastructure and customers. In the 2nd case - almost only the money and the lawyers... Quote Link to comment Share on other sites More sharing options...
yamantaka Posted June 30, 2014 Report Share Posted June 30, 2014 NT was always in cahoots with Mirus (shared office space, used Zenfire data for historical and pushed Zenfire,) Now that Mirus lost tons of clients after the Zenfire implosion (and a mass exodus of customers to AMP/CQG), NT is offering to save Mirus from going out of business. Verticall integration can sometimes work and time will tell if this is a good deal for Ninja. Personally, it won't impact me. nawlins51 and Spectral_Analyst 2 Quote Link to comment Share on other sites More sharing options...
bassmark Posted July 1, 2014 Report Share Posted July 1, 2014 It is not a good deal for me. They specify $5.14 RT for 6E (Euro) when using NT Direct. It is about $1/RT more than what I got at AMP with NTDirect. In order to get $3.38 RT All-In on ES you have to purchase $995 lifetime license, which would be for 1 broker only. So what's the benefit there? How much do they ask for minimum initial deposit? Traderbeauty, wizard101, tryitagainmf and 2 others 5 Quote Link to comment Share on other sites More sharing options...
Meow Posted July 1, 2014 Report Share Posted July 1, 2014 It is not a good deal for me. They specify $5.14 RT for 6E (Euro) when using NT Direct. It is about $1/RT more than what I got at AMP with NTDirect. In order to get $3.38 RT All-In on ES you have to purchase $995 lifetime license, which would be for 1 broker only. So what's the benefit there? How much do they ask for minimum initial deposit? They asking 1000$ as a deposit, and the initial margins are 500$. They got good commission rates for ZB and TF, cheaper than CQG even for direct NT direct. With proper co location servers it could be a good option to run simple auto strategy. Quote Link to comment Share on other sites More sharing options...
admis Posted July 1, 2014 Report Share Posted July 1, 2014 ...They got good commission rates for ZB and TF, cheaper than CQG even for direct NT direct. With proper co location servers it could be a good option to run simple auto strategy. Could you write these rates? Quote Link to comment Share on other sites More sharing options...
lbf4223 Posted July 1, 2014 Report Share Posted July 1, 2014 Does anyone know if you get historical tick data with the account for the CME Waiver Program futures contracts? That would eliminate the need to pay $55 a month for Kinetick. If they throw the TF data in there too, that saves an extra $70. It seems the $1000/$1500 one-time NT license cost gets paid for over time with the cheaper commission schedule. For example, if you have someone like IB for futures and retirement accounts, multi-broker license appears worthwhile. Quote Link to comment Share on other sites More sharing options...
Meow Posted July 1, 2014 Report Share Posted July 1, 2014 Could you write these rates? ZB is $3.06 TF is $4.22 admis and bassmark 2 Quote Link to comment Share on other sites More sharing options...
Guest jjfunds Posted July 1, 2014 Report Share Posted July 1, 2014 i have 3.58 rt with AMP in tf and es not deal for me too Quote Link to comment Share on other sites More sharing options...
Meow Posted July 1, 2014 Report Share Posted July 1, 2014 i have 3.58 rt with AMP in tf and es not deal for me too Are you with AMP using CQG? Those are my fees for 2 TF contracts, how do you get 3.58$ instead of 4.72$ ? Exchange USD 4.56 DR NFA USD 0.08 DR StaticDom TT Fee USD 0.40 DR Clearing. USD 2.00 DR CQG TRF USD 0.40 DR Commission USD 2.00 DR Quote Link to comment Share on other sites More sharing options...
yamantaka Posted July 1, 2014 Report Share Posted July 1, 2014 (edited) ZB is $3.06 TF is $4.22 If you deposit $10K, the round turn cost for ZN and ZB with TradingTechnologies feed is $2.64. http://www.ampfutures.com/Cost_Calc.html Edited July 1, 2014 by yamantaka Meow 1 Quote Link to comment Share on other sites More sharing options...
Guest jjfunds Posted July 2, 2014 Report Share Posted July 2, 2014 Get flat rate account Quote Link to comment Share on other sites More sharing options...
Meow Posted July 2, 2014 Report Share Posted July 2, 2014 Got you guys, strange that my broker haven't mentioned that to me before. I do qualify for flat rate. Quote Link to comment Share on other sites More sharing options...
tradernate Posted July 2, 2014 Report Share Posted July 2, 2014 (edited) You can get Eminis-3.50-3.57, Financials (Bonds)-2.40 Eenergies-3.97-4.02-All RT prices Out the Door. Try to work another broker against each other....these are based on 20-30 cars a day. To get those prices I used Infinity and Amp against each other...and then took accounts for both...so I have a backup....just did this within the last 2 months. Account was just under 10K for both so the 10K is bogus....they want traders who trade and will give a little away. I think traders can get deeper prices as volume increases. If you deposit $10K, the round turn cost for ZN and ZB with TradingTechnologies feed is $2.64. http://www.ampfutures.com/Cost_Calc.html Edited July 2, 2014 by tradernate yamantaka and nawlins51 2 Quote Link to comment Share on other sites More sharing options...
yamantaka Posted July 3, 2014 Report Share Posted July 3, 2014 Nate, who is giving $2.40 (all in, RT including the kitchen sink) for ZN/ZB? What datafeed are you using at both brokers? Quote Link to comment Share on other sites More sharing options...
tradernate Posted July 3, 2014 Report Share Posted July 3, 2014 Try Infinity (direct) for those prices on the DOM and Sierra Charts...is my second platform...again, the key was working the 2 back and forth to match each others prices. Nate, who is giving $2.40 (all in, RT including the kitchen sink) for ZN/ZB? What datafeed are you using at both brokers? nawlins51 1 Quote Link to comment Share on other sites More sharing options...
shicuco Posted July 5, 2014 Report Share Posted July 5, 2014 NT CEO talks about the launch of their new brokerage services and gives an update on NT 8. nawlins51 1 Quote Link to comment Share on other sites More sharing options...
yamantaka Posted July 5, 2014 Report Share Posted July 5, 2014 NT is quoting $2.22 for ZN/ZB but I don't know if that includes the SuperDOM fee of $.10/side. I requested confirmation of this. admis 1 Quote Link to comment Share on other sites More sharing options...
admis Posted July 5, 2014 Report Share Posted July 5, 2014 NT is quoting $2.22 for ZN/ZB but I don't know if that includes the SuperDOM fee of $.10/side. I requested confirmation of this. ZB is $3.06 ... I don't get it. Which one is correct? Quote Link to comment Share on other sites More sharing options...
yamantaka Posted July 5, 2014 Report Share Posted July 5, 2014 I don't get it. Which one is correct? Both. It depends on what type of NT license you have. http://www.ninjatraderbrokerage.com/commissions/all_available_contracts pikachu and admis 2 Quote Link to comment Share on other sites More sharing options...
yamantaka Posted July 7, 2014 Report Share Posted July 7, 2014 NT is quoting $2.22 for ZN/ZB but I don't know if that includes the SuperDOM fee of $.10/side. I requested confirmation of this. The commissions listed do not include optional additions such as the static dom fee admis and pikachu 2 Quote Link to comment Share on other sites More sharing options...
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