Mirus rates for YM

ranger64 · Feb 13, 2009

YM is now 4.40 per roundturn, it was 3.94 before february. The CME has increased the exchange rate for the YM by 46 cents, so now youÂ´re paying the same as for ES and NQ. Are there any brokers where you still pay significantly less than 4 dollars per roundturn as a small size trader?

jeb9999 · Feb 13, 2009

Looks like the CME wants to kill off the YM.

How many RTs a month do you do? If you do more than 274 RTs a month Transact Futures charges $3.76 RT for ES, NQ and YM.

ranger64 · Feb 13, 2009

I do about 300-500 rt/month. What do they charge for the first 274 contracts? Is the transact platform as fast/reliable as Ninja/Zenfire?

bbqbbq · Feb 13, 2009

try infinity or amp futures

FortuneTeller · Feb 13, 2009

Quote from ranger64:

YM is now 4.40 per roundturn, it was 3.94 before february. The CME has increased the exchange rate for the YM by 46 cents, so now youÂ´re paying the same as for ES and NQ. Are there any brokers where you still pay significantly less than 4 dollars per roundturn as a small size trader?

If the CME has increased the exchange rate by 46 cents for YM I would think everyone is going to increase their commissions.

fluttrader · Feb 13, 2009

Quote from ranger64:

I do about 300-500 rt/month. What do they charge for the first 274 contracts? Is the transact platform as fast/reliable as Ninja/Zenfire?

Anyone compared the 2 ?

kxvid · Feb 13, 2009

Try velocity they charge 3.00/rt if you can stand ninjatrader/tt.

George Parr · Mar 8, 2009

how much does velocity charge for ninja/tt on the treasuries futures?

PeterM · Apr 27, 2009

I've compared the two and am still comparing them. Infinity/TransAct has good rates, and their feed is fast & excellent. Never had any execution problems YET. But I have lost the connection during trading hours at times when, luckily, I was flat. Each of those times, my connections to Ninja/Zen and IB kept going. For me, the amazing capabilities of the NinjaTrader platform trumps everything else.

geoMEAN · Apr 28, 2009

Can't say anything about Infinity as I haven't tried them but I have been using Ninja/zen-fire with Mirus for over a year and a half and I have NEVER had their connection go down. Sure my ISP has gone down (THANKS COMCAST!!!) but none of the disconnects I've had were because of Mirus. Their reliability is 110% in my opinion based on experience.