Last month IQFeed completed a major upgrade to their ticker plant that will provide MarketDelta users with a better user experience. This applies to electronic futures contracts from CBOT, KCBT, MGE, DME, CME, NYMEX and COMEX. Spreads, futures options and pit futures will remain on the older ITC protocol and IQFeed plans on migrating these later this year.
WHAT DOES THIS UPGRADE MEAN TO YOU?
The FIX/FAST protocol will provide much better overall service to MarketDelta users because FIX/FAST does not bundle trades like the ITC protocol did. The ITC protocol is the feed used by many other data vendors. While the older protocol feeds from the exchange would bundle trades in active markets, this new feed is completely unbundled. The result is the most complete and accurate view of volume and trade flow direct from the exchange.
WHAT DO YOU NEED TO DO?
Nothing, if you use DTN IQFeed to power MarketDelta these benefits are already being received. Another benefit we have heard from many users are speedier downloads of data. Still another recent benefit is after market hours and during the weekends they allow up to 30 days of tick data to be downloaded. During normal market hours up to 10 days can be downloaded.
IF SWITCHING TO DTN
Once signed up with them and their software installed, just click File | Reconfigure in MarketDelta. Change the symbols on your quote page to match the DTN IQFeed format.
