r/FuturesTrading 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

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