Trying find best option for data feed + trading platform + order routing

CannonTrading_Ilan said:
yes you need a broker "behind the client" in order to set up on the CME direct.
Data fees apply and To my knowledge, CME does not charge a monthly fee for their system

Our platform is FREE and you just need to pay for data which is $12.50 per exchange for level 2 and $2.50 per exchange for level 1 ( which most option traders select)
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Ok data fees apply ? so CME direct charging data fees or you will charge data fees which you provide for 2.50$ a month for level 1?

Also if we use your platform - is there any order routing fees like rithmic or cqg charge 10 cents per order? =

Also I am mainly interested in to MES or MNQ - futures options (not futures) - do you have any restrictions - can I trade 0dte or 1dte expiry on those ? or it has to be either weekly or end of the month only?
 
curiosity said:
Ok data fees apply ? so CME direct charging data fees or you will charge data fees which you provide for 2.50$ a month for level 1?

Also I am mainly interested in to MES or MNQ - futures options (not futures) - do you have any restrictions - can I trade 0dte or 1dte expiry on those ? or it has to be either weekly or end of the month only?
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CME charges data fees regardless of the platform. No restrictions on our side as far as 0dte etc. as long as you have the margin. Happy to answer any other questions via PM if you like or you can call the number on the signature as well.
 
CannonTrading_Ilan said:
CME charges data fees regardless of the platform. No restrictions on our side as far as 0dte etc. as long as you have the margin. Happy to answer any other questions via PM if you like or you can call the number on the signature as well.
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So CME data fees is separate on top of 2.50$ you are charging?
Also if we use your platform - is there any order routing fees like rithmic or cqg charge 10 cents per order? =
 
hello, the data fees are monthly, i.e. $2.50 per month for top of book CME ( ES, NQ, MES, MNQ).
We do have .10 per side routing fee. Happy to answer any other questions?

Also will you trade outright options? spreads? selling naked options or buying premium? Approximate account size?
 
CannonTrading_Ilan said:
hello, the data fees are monthly, i.e. $2.50 per month for top of book CME ( ES, NQ, MES, MNQ).
We do have .10 per side routing fee. Happy to answer any other questions?

Also will you trade outright options? spreads? selling naked options or buying premium? Approximate account size?
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So if we use cmedirect (instead of using your own platform) we can avoid that 10 cents routing fees correct? - also with cmedirect no monthly fees correct?
I guess same applies if we use sierra chart (package 10/11/12) we pay monthly fees but no routing fees correct?
Yes I trade overnight options many times monthly or end of the weed (ex etc) options - most of the times I trade vertical credit spreads to reduce risk and margin.
Currently getting 41 cents per side all in one for spreads and 48 cents for individual trade (non spread) at IBKR - data is 1.25$ per month - no other fees like monthly platform fees or routing fees. This is all about MES or MNQ
 
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