Any Low Cost Charting Software That Facilitates Synthetic Spreads?

T

tommo

Hi all,

I am on a bit of a mission to see how low cost I could get a trading setup. I'm tired of spending thousands a month on what is essentially pulling a data a feed and putting it in to bar format. On a slow month, or a month where you are away from the screens for any length of time the costs rack up and personally i think theres got to be a better way.

There are lots of cheap/free charting tools but none of them seem to let you chart synthetic spreads i.e take 2 different markets and create a spread (differential) out of the two.

I'm tempted to go with CQG QTrader, however, their historical data is very limited.
I emailed Esginal and never even got a response from their sales team.

Any others I am missing?

Thanks
 
Check metastock xenith which is a rebadged Reuters eikon for $150 a month. I think that does spreads and has cash bonds as well.
 
just21 said:
Check metastock xenith which is a rebadged Reuters eikon for $150 a month. I think that does spreads and has cash bonds as well.
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Great thanks, I wasn't aware of that. Thats the sort of thing I was thinking of
 
I use CQG Integrated Client and also TT Pro. But as mentioned this is a bit of an experiment and being based in the UK there are a lot of things like spreadbetting where i could bypass a lot of the high cost of the futures industry. I dont know if theres anything in it, but going to experiment with it as I see so many people turned off of trading by the high costs. I want to try and prove it can be done on a low startup
 
Use interactive brokers to send futures and exchange traded spread orders to the exchange. Unbundle the pricing to get a discount if you do size. Zero cost per month. Esignal will act as a front end to IB if you do not like TWS. TWS mosaic does spread charts I think and may chart exchange traded spreads.
 
If you do a lot of size you can buy or lease a membership at the CME or other exchange and then tell IB so you pay a reduced fee or no fee on every lot traded. Membership prices have fallen since the floor closed and ownership of the exchange was demutualised and floated.
 
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just21 said:
If you do a lot of size you can buy or lease a membership at the CME or other exchange and then tell IB so you pay a reduced fee or no fee on every lot traded. Membership prices have fallen since the floor closed and ownership of the exchange was demutualised and floated.
More...
$1000 a mo/ for IMM IIRC
 
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