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Rithmic


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Rithmic

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  #11 (permalink)
 MXASJ 
Asia
 
Experience: Beginner
Platform: NinjaTrader, TOS
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traderwerks View Post
The API documentation is online. You don't have to have an account to see the API or demo Rithmic.

Call me dim but while I can find R|Trader documentation online I can't seem to find the R|API documentation. Is there a URL ypu can point me to? Thanks!

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  #12 (permalink)
 Zoethecus 
United States of America
 
Experience: Advanced
Platform: NT
Posts: 1,145 since Aug 2009

Okay, I've confirmed that Zen is a third party marketing name that has Rithmic under the hood; in other words, if you use Zen, you're on Rithmic.

And yes, you can get Rithmic with other brokers and possibley get a better rate on fees than what Zen broker charge.

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  #13 (permalink)
 
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 mattz   is a Vendor
 
Posts: 2,492 since Sep 2010
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Just a few clarifications about all this:
What I am about to say is from my general knowledge and understanding.
Zen is fully driven as a feed by Rithmic.

I know the guys at Rithmic well, and they are super nice guys that are catering most of his business to small hedge funds and institutional traders. Their solutions go way beyond just a feed, but API connectivity, hosting equipment on the exchange, etc. This has been the main driver of their business. Many years ago that have white-labeled the Zen feed for the retail traders. Today they no longer engage in white-labeling for anyone.

I clear through Vision and Rithmic is not mentioned on NinjaTrader as a feed (sadly), instead it says Vision Financial Markets. On MutiCharts it does mention for example that we use Rithmic. I guess every platform has it's own politics (which I will stay out of).

to the credit of the FCM and IBs that have brought forward Zen,although it's my competition, I take my hat off.
This was forward thinking and enabled the little trader to have good execution, speed and bring the best features out of NinjaTrader.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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  #14 (permalink)
 steve2222 
Auckland, New Zealand
 
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mattz View Post
Just a few clarifications about all this:
What I am about to say is from my general knowledge and understanding.
Zen is fully driven as a feed by Rithmic.

I know the guys at Rithmic well, and they are super nice guys that are catering most of his business to small hedge funds and institutional traders. Their solutions go way beyond just a feed, but API connectivity, hosting equipment on the exchange, etc. This has been the main driver of their business. Many years ago that have white-labeled the Zen feed for the retail traders. Today they no longer engage in white-labeling for anyone.

I clear through Vision and Rithmic is not mentioned on NinjaTrader as a feed (sadly), instead it says Vision Financial Markets. On MutiCharts it does mention for example that we use Rithmic. I guess every platform has it's own politics (which I will stay out of).

to the credit of the FCM and IBs that have brought forward Zen,although it's my competition, I take my hat off.
This was forward thinking and enabled the little trader to have good execution, speed and bring the best features out of NinjaTrader.

So Matt that means that when we are having problems with the data from ZenFire (eg there are messages on this site where traders are saying ZenFire freezes or does not feed data for X period of time) then we would have the same problems with your feed from Rithmic given you are saying ZenFire is just a retail white label of the Rithmic feed?

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  #15 (permalink)
 
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 mattz   is a Vendor
 
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steve2222 View Post
So Matt that means that when we are having problems with the data from ZenFire (eg there are messages on this site where traders are saying ZenFire freezes or does not feed data for X period of time) then we would have the same problems with your feed from Rithmic given you are saying ZenFire is just a retail white label of the Rithmic feed?

That I cant answer because it depends on the way this solution is structured.
The Integration of any two parties today could be just more than a name as it gets complex technologically.
Since most of you here use NinjaTrader, all I can say is that the support team at NT has been always been highly responsive to me when instances if technical difficulties occur, and this is applied to all the brokers they support.

I can ONLY speak of our experience with Rithmic, and so far it has been good.
There were a few instances when we had some feed issues, but truly they are very rare so far.

We use a number of feeds to drive certain platforms and there is no perfect world. All parties that I deal with as brokers, feed providers, platform vendors have been highly responsive in instances when feeds go down.

Always have a way to call your broker/support desk in instances when it goes down.
Relationship with a broker goes a long way in this "point and click" world.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
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  #16 (permalink)
MilfHunter
Detroit, Michigan
 
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There is a video comparing Rithmic data feed on NinjaTrader vs Interactive Brokers on youtube.

Rithmic has had 64bit API for awhile. If you are using NinjaTrader 7 64 bit version, then you can run on 64 bit system if you are using Rithmic data feed (through Optimus Futures). Whether or not 64 bit is any better then 32 bit will depend on the memory consumption Ninjatrader uses while you are trading. If you are running multiple charts with lots of studies and using a high end CPU with 4Gb ram or more, then 64 bit will probably be better, more so if you are backtesting strategies.

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  #17 (permalink)
 
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 Big Mike 
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One thing is that with NT7 beta 20 or 21 or 22 (don't recall specifically), they re-wrote the API to make it 64-bit compatible, based on the release notes. I am not sure what personal touches NT makes to the API instead of just taking it directly from Zen, but this could be both a good thing or a bad thing. It could be good if they were using an out dated API before and have now implemented it better, or it could be bad in that they may have introduced bugs or coding problems in the new 64-bit and untested API.

Mike

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  #18 (permalink)
 
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 LukeGeniol 
Italy (IT)
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
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Big Mike View Post
One thing is that with NT7 beta 20 or 21 or 22 (don't recall specifically), they re-wrote the API to make it 64-bit compatible, based on the release notes. I am not sure what personal touches NT makes to the API instead of just taking it directly from Zen, but this could be both a good thing or a bad thing. It could be good if they were using an out dated API before and have now implemented it better, or it could be bad in that they may have introduced bugs or coding problems in the new 64-bit and untested API.

Mike

Zen works only on 32-bit, instead Rithmic works now on 64 too, I think they use different API. I'm trying Rithmic, and seem works well, the only bad is that the historical data come always from Zen thru NT servers.

Take your Pips, go out and Live.
Luke.
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  #19 (permalink)
 
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 LukeGeniol 
Italy (IT)
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
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A bad thing is that Rithmic does not provide Eurex and other European market data and treade service. Zen Fire instead provide the major European Futures. None of them provides ICE BRN that is a really interesting instruments, moves like CL with similar daily volume and $3.16 round turn with NT thru TT.

Take your Pips, go out and Live.
Luke.
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  #20 (permalink)
 uexkuell 
Pt Vala
 
Experience: Advanced
Platform: Proprietary
Trading: CL, EUR, DAX
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LukeGeniol View Post
None of them provides ICE BRN

Strange - my program receives BRN quotes through Zenfire successfully every day.

Perhaps a problem with the symbol?

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