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Two 'NinjaTrader Brokerage' brokers sharing the same real-time data feed?


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  #1 (permalink)
 Hemmo 
Newcastle, NSW, Australia
 
Experience: Intermediate
Platform: TradeStation, Build Alpha
Broker: TradeStation
Trading: Futures
Frequency: Daily
Duration: Days
Posts: 36 since Sep 2017
Thanks Given: 65
Thanks Received: 38

The NinjaTrader platform is a completely new environment to me (currently on MultiCharts).

Before I jump all in to NinjaTrader, I am considering this configuration in NT8 for futures trading … setting up two different broker trading accounts, both through NinjaTrader Brokerage: (i) Phillip Capital (ii) Dorman Trading. (I won’t bore the readers with the story as to why).

In NT8, can I trade both of these Futures accounts simultaneously whilst sharing the same real-time data feed? (Therefore, avoiding the need for subscribing to two data packages?)

Could you please provide your thoughts on this configuration? Also, any links on the NT website would be appreciated.

Thanks.


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  #2 (permalink)
 
rleplae's Avatar
 rleplae 
Gits (Hooglede) Belgium
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Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
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Hemmo View Post
The NinjaTrader platform is a completely new environment to me (currently on MultiCharts).

Before I jump all in to NinjaTrader, I am considering this configuration in NT8 for futures trading … setting up two different broker trading accounts, both through NinjaTrader Brokerage: (i) Phillip Capital (ii) Dorman Trading. (I won’t bore the readers with the story as to why).

In NT8, can I trade both of these Futures accounts simultaneously whilst sharing the same real-time data feed? (Therefore, avoiding the need for subscribing to two data packages?)

Could you please provide your thoughts on this configuration? Also, any links on the NT website would be appreciated.

Thanks.

Ninjatrader can not handle multiple datafeeds simultaneously

You would have a single connection with datafeed
and 2 broker connections,
that works fine
then according to the account you select the order would go to the right connection


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  #3 (permalink)
 
WoodyFox's Avatar
 WoodyFox 
Columbus, Ohio
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
Posts: 417 since May 2016
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rleplae View Post
Ninjatrader can not handle multiple datafeeds simultaneously

You would have a single connection with datafeed
and 2 broker connections,
that works fine
then according to the account you select the order would go to the right connection

@NinjaTrader CAN handle multiple datafeeds simultaneoulsy. It will set priority by connection order. I do this daily and have no issues. Also a Muti-Broker license is needed for more than one broker used.

https://ninjatrader.com/support/helpGuides/nt8/en-us/?multiple_connections.htm


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  #4 (permalink)
 
rleplae's Avatar
 rleplae 
Gits (Hooglede) Belgium
Legendary Market Wizard
 
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
Trading: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
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Thanks Given: 2,442
Thanks Received: 5,860


WoodyFox View Post
@NinjaTrader CAN handle multiple datafeeds simultaneoulsy. It will set priority by connection order. I do this daily and have no issues. Also a Muti-Broker license is needed for more than one broker used.

https://ninjatrader.com/support/helpGuides/nt8/en-us/?multiple_connections.htm

You are right and I am rigth

Your explanation is valid when trading different instrument
My explanation is valid when trading same type of instruments

but you made a valid point, thank you


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  #5 (permalink)
 
WoodyFox's Avatar
 WoodyFox 
Columbus, Ohio
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Futures
Posts: 417 since May 2016
Thanks Given: 205
Thanks Received: 890


rleplae View Post
You are right and I am rigth

Your explanation is valid when trading different instrument
My explanation is valid when trading same type of instruments

but you made a valid point, thank you

Yes Agree, I follow you now!


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  #6 (permalink)
 
NinjaTrader's Avatar
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Hemmo View Post
The NinjaTrader platform is a completely new environment to me (currently on MultiCharts).

Before I jump all in to NinjaTrader, I am considering this configuration in NT8 for futures trading … setting up two different broker trading accounts, both through NinjaTrader Brokerage: (i) Phillip Capital (ii) Dorman Trading. (I won’t bore the readers with the story as to why).

In NT8, can I trade both of these Futures accounts simultaneously whilst sharing the same real-time data feed? (Therefore, avoiding the need for subscribing to two data packages?)

Could you please provide your thoughts on this configuration? Also, any links on the NT website would be appreciated.

Thanks.

NinjaTrader supports multiple brokerage account connections simultaneously however, this is also dependent on the brokerage technology we are using. We will be releasing in the new week or so an alternate implementation of our CQG/Continuum interface using their Web Services API that supports simultaneous connections across different FCM's. In short, you can do what you want with our upcoming release.


Disclosure: This communication is sent to you by NinjaTrader, LLC, a software development company which owns and supports all proprietary technology relating to and including the NinjaTrader trading platform.
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  #7 (permalink)
 Hemmo 
Newcastle, NSW, Australia
 
Experience: Intermediate
Platform: TradeStation, Build Alpha
Broker: TradeStation
Trading: Futures
Frequency: Daily
Duration: Days
Posts: 36 since Sep 2017
Thanks Given: 65
Thanks Received: 38

Hi @NinjaTrader

Thank you for your post of September 17th.

I am still completing due diligence and I am wondering if the NT8 multiple account enhancement described in your NexusFi post has been successfully implemented?

It is a feature that is important to what I am trying to achieve.

I look forward to seeing your feedback. Thanks.


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  #8 (permalink)
 
NinjaTrader's Avatar
 NinjaTrader  NinjaTrader is an official Site Sponsor
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Hemmo View Post
Hi @NinjaTrader

Thank you for your post of September 17th.

I am still completing due diligence and I am wondering if the NT8 multiple account enhancement described in your NexusFi post has been successfully implemented?

It is a feature that is important to what I am trying to achieve.

I look forward to seeing your feedback. Thanks.

The API that supports this was implemented and released several weeks ago. If you wanted to use this (WEB API) then you would need to let your broker know.


Disclosure: This communication is sent to you by NinjaTrader, LLC, a software development company which owns and supports all proprietary technology relating to and including the NinjaTrader trading platform.
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