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NT blocking new CQG data connections with Brokers


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NT blocking new CQG data connections with Brokers

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 chrisinhkg 
Australia
 
Experience: Intermediate
Platform: Ninjetrader
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Can Ninjatrader management needs to explain why they are now blocking brokers from using Ninjatrader with CQG data.

I have been told from multiple brokers who have been denied by Ninjatrader to allow for setting up a new connection with their brokerage firm using CQG data feed and in my case for HSI data feed.

All brokers have stated that due to a recent change by Ninjatrader after they have bought their own brokerage firm, that it is no longer allowed.

One of the main reasons for using NT in the first place was the option to connect with different data feeds and brokers and I am very angry that NT have now chosen to do this. I am being denied a data feed for an instrument, which even NT brokerage can’t supply. How is this fair? and goes against my right to choose how to connect to NT, which when I purchased NT was just a charting platform and allowed connections with CQG.

If NT have now changed their policy and now in essence from my point of view, deem this is as the start of going to a closed system ie like Ameritrade, Infinity futures, etc and forcing people to use their brokerage and data feed with their charting platform, we as existing customers have the right to know of this policy change.

If this is the new direction of Ninjatrader, I will no longer recommend the Ninjatrader platform to any trader and will seek another platform to use for my future trading needs.

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This has been extensively discussed in this thread -



If you are an existing client prior to July 15th, you can connect to any broker/FCM who supports Continuum (CQG) now and in the future provided they allow it.

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 timefreedom 
Indianapolis, IN USA
 
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chrisinhkg View Post
Can Ninjatrader management needs to explain why they are now blocking brokers from using Ninjatrader with CQG data.

I have been told from multiple brokers who have been denied by Ninjatrader to allow for setting up a new connection with their brokerage firm using CQG data feed and in my case for HSI data feed.

All brokers have stated that due to a recent change by Ninjatrader after they have bought their own brokerage firm, that it is no longer allowed.

One of the main reasons for using NT in the first place was the option to connect with different data feeds and brokers and I am very angry that NT have now chosen to do this. I am being denied a data feed for an instrument, which even NT brokerage can’t supply. How is this fair? and goes against my right to choose how to connect to NT, which when I purchased NT was just a charting platform and allowed connections with CQG.

If NT have now changed their policy and now in essence from my point of view, deem this is as the start of going to a closed system ie like Ameritrade, Infinity futures, etc and forcing people to use their brokerage and data feed with their charting platform, we as existing customers have the right to know of this policy change.

If this is the new direction of Ninjatrader, I will no longer recommend the Ninjatrader platform to any trader and will seek another platform to use for my future trading needs.

@mattz, @Big Mike
Great example here of exactly what I referenced in this post.

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Last Updated on October 1, 2014


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