Rithmic Announces Nonrenewal of Zen-Fire Use

I always thought that trading through an Introducing Broker that had several clearing relationships was a good solution. As it has been mentioned previously, it is a good idea to spread your capital around between FCM’s and keep the bare minimum necessary to maintain the integrity of your trading strategy. Having a choice of platforms and connections helps as well. We use Future Path with Ninja and TradeNavigator with Rithmic and that combination has worked well.

Just my 2c
 
Quote from NinjaTrader_Ray:

Do you have a Multi-Broker license? If yes, send email to support, we need to regenerate your license for it to show up.


Send email half an hour ago...still no reply.
 
If you need the rithmic feed I know there are a couple of IBs who offer them. The one I've used is Cannon Trading Company. You might want to look into them. They offer a few different data feeds for Ninja Trader.

Quote from feng456:

Still not seeing Rithmic in the scrolldown when adding connections.
 
Quote from riskbiscuit:

If you need the rithmic feed I know there are a couple of IBs who offer them. The one I've used is Cannon Trading Company. You might want to look into them. They offer a few different data feeds for Ninja Trader.

I'm essentially one step away from figuring all this out. I'd rather not have to go through the hassle at this time of switching brokers, platforms, etc.
 
I'd sit tight for at least another business day until Monday. Based on posts elsewhere of 'I talked to my broker and he said....' and with NT just today releasing a new .19 that allows Rithmic to any FCM that wants it (not just Vision like before), we'll probably see more offerings by next week.
 
Quote from feng456:

I'm essentially one step away from figuring all this out. I'd rather not have to go through the hassle at this time of switching brokers, platforms, etc.

I have been in contact myself with Joe over at Cannon. Gave me a Vision demo with NT and Rithmic. Worked perfectly. Good data feed. Good prices too. But the only downside (for me) is Vision and their recent CFTC not segregating funds correctly fine they got.

http://www.cftc.gov/PressRoom/PressReleases/pr6714-13

I'm leery of them because of that. That said, the last CFTC FCM data report showed Vision as having more than twice their net capital requirement.

http://www.cftc.gov/ucm/groups/public/@financialdataforfcms/documents/file/fcmdata1013.pdf

So I dunno....
 
I do agree. By next week, we should hear more news about other clearing firms who have new signed agreements with Rithmic for Ninja Trader.
Quote from steve0617:

I'd sit tight for at least another business day until Monday. Based on posts elsewhere of 'I talked to my broker and he said....' and with NT just today releasing a new .19 that allows Rithmic to any FCM that wants it (not just Vision like before), we'll probably see more offerings by next week.
 
Trent,

If I went with Ninja and CQG, doesn't that require Continuum and Kinetick too? If not, if it's just Ninja and CQG, who could I clear through?
 
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