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Yes. We entered into a relationship with an additional FCM last quarter and have been working with them to integrate our processes. We hope to be in a position to discuss this option with prospects within the next month.
If you have a Ninjatrader account with Ninjatrader Brokerage and you use the CQG Continuuuuuuuum connection, what is the best way to have an alternative/backup access in case of emergency.
Sometimes my NT crashes or my internet connection drops. In the past I always had the IB Mobile App where I could just login and go flat.
What is the best way to achieve this ?
A Ninja branded (ideally) very simple mobile app that can do the very simplest of actions in case of emergency.
It's not a "great" solution. Whilst I agree that the $25/month i.e. $300/year solution may be better than nothing .. it really is a steep price for a mere emergency backup.
I'm pretty sure your guys are absolutely dying to release an app .. wouldn't this very simple one be a good idea.
App Features:
a. Secured by PIN (chosen at installation time)
b. Connection Choice (let's say we start with just the Ninjatrader Brokerage accounts first :-) ) in Settings
c. Automatic login on startup
c. Home Page display
- Account Information
- last trade time/date
- current position
Well. It's certainly early days but being a futures.io (formerly BMT) Elite member (with all the benefits and indeed responsibilities that come with that ... i.e. "be nice" ..) is sure working out here.
Why do I say this ?
a. a quick broker switch (OK .. it wasn't quick .. it took some time .. ) and I've managed to (almost)half my commission & reduce my overall price information costs - I don't want to put a number on this .. but it's worth hundreds and hundreds per month.
b. I guess because futures.io (formerly BMT)/we are taken seriously ... you get a direct line to Ninjatrader and issues like my backup CQG connection get sorted out in minutes.
I know that the folks at Ninjatrader are busy with lots of stuff and no doubt treading the own brokerage/multi-broker system line carefully but it seems that there are benefits.
p.s. incidentally the CQG mobile "app" isn't an app. HTML5. Maybe even more flexible than an app... not sure. It's not bad at all ... and does the job.
You are welcome and thanks for sharing your experience.
When we launched the brokerage the intent was to bring transparency to trading costs by posting our commissions front and center on our website. I am glad we were able to save you hundreds of $ per month, that's significant.