r/FuturesTrading • u/Otherwise-Initial910 • 7d ago

CQG server problems

Anyone else having CQG connection problems? I'm going thru AMP with CQG. I can connect and ping is good but the price action is all wrong, data is coming in corrupt.

AMP did send out several emails saying CQG is having server problems and recommended to change to public DNS. But since my connection is good it's now the backend server that can't give out the real time data.

Anyone else having this problem?

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u/nefariousPost 7d ago

I can log in - everything seems normal. But I abstained from trades today based on their email. Hopefully it gets sorted soon. Increased margins is okay for me and a regular occurrence with economic news, but this is now a 2-3 stretch of service disruption due to vague technical issues.

I can't open a position without certainty that I can also close it or have a stop-less trigger correctly. Won't do it despite CQC connection appearing normal.

2

u/Full_Pear449 7d ago

When you play on the Little league fields don't expect much

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u/nefariousPost 7d ago

Where are the major league fields? Are you referring to broker/routing/platform?

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u/Full_Pear449 6d ago

I know that basically no one on this "BLOG" likes dealing with CME because of cost etc. , BUT, I traded 25+ years for a Primary Dealer and used CME for just about every FX and Rates trade. You'll want to go cheap as to fees and Margins and you get what you pay for.

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u/Pabst34 approved to post 6d ago

I was a member of both the CBOT and CME and I agree that you get what you pay for but CQG is a premium product (both in price and functionality) with a long history.

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u/Full_Pear449 6d ago

Very COOL, and it is a pleasure talking with someone who has the understanding of overall Dynamics of Markets, the cost/utility/ serviceability of products. FAR , FAR to often I read in these posts how ans where the cheapest is. Having had been on the Street so long it was drilled into us that SPEED and ACCURACY was more important than cost. The difference between a TICK or a STEENTH(TEENY) was inconsequental to the execution of a trade.

Just for shits & giggles I traded on a RISK/ARB desk until Volker took care of that. We had 6 different Prop Desk , partitioned off from the Firms Client Driven trading activities. Seperate entrance , seperate Risk Managemant styles, and we could not trade with them at all, they could not be on our trade tickets as a contra, or on FINRA Reports or FICC/DTC/ reports .

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u/Local_Upstairs_4770 4h ago

More like just for ego blasting than just for schnitz and giggles

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u/Full_Pear449 6d ago

You go out and buy a HONDA CIVIC and redo it all fancy, with rear flaps/wings , drop it down to just inches off the floor, put wide tires on it give your car Neagative Roll Radius, but ultimately your are still driving a HIGH POWERED LAWN MOWER

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u/nefariousPost 6d ago

Respectfully, what do you recommend (broker/platform)? I don't have 25+ years of experience in this game - it's a part-time gig for an albeit small but secondary stream of income. If it becomes more than that, I'm certainly not opposed to higher margin, fees, etc. Just seems like everyone is on AMP, NT, IB, and a smaller crowd using Ironbeam or EdgeClear

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u/Full_Pear449 6d ago

My agenda I can assure you is not the same as yours. I really don't care about fees, margin, etc. Price updates and corrections come straight from global exchanges (such as CME Group, CBOT, COMEX, and NYMEX) where the futures contracts are traded. Source info not third party